Saturday, November 24, 2001 The Bloomberg Honolulu Star-Bulletin Index is a price-weighted index designed to measure the performance of Hawaii-based companies. The index was developed with a base value of 100 as of December 31, 1999. A chart of the index which shows the weekly performance of its members is published weekly in the Honolulu Star-Bulletin.
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Star-Bulletin Index
Aquasearch Inc., whose stock has been under pressure as it approaches a Dec. 7 hearing to see if it will be placed in involuntary bankruptcy, surged 50 percent over the past five trading sessions to top 13 other stocks in the Bloomberg Honolulu Star-Bulletin Index. Aquasearch jumps prior to hearing
The Kona biotech company, which is now trading at 7.5 cents, beat out another sub-dollar company for top honors. Kauai shrimp producer Ceatech USA rose 13.3 percent to finish the week at 85 cents.
Biotech firm Cyanotech Corp., trading at 78.5 cents, was next with a 4.7 percent gain.
Five of the stocks in the index are trading under $3.50 a share.
The biggest loser over the five-day period was Central Pacific Bank parent CPB Inc., which lost 2.5 percent to fall to $29.75. Barnwell Industries Inc. was down 2.2 percent to $17.90.
Source: Bloomberg News STAR-BULLETIN GRAPHIC