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Saturday, February 9, 2002


The Bloomberg /
Star-Bulletin Index

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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.

Bloomberg Index chart



Aquasearch surges to lead index

Aquasearch Inc., whose trading volume increased each of the first four days this week, jumped 40 percent to lead the 12 other stocks in the Bloomberg Honolulu Star-Bulletin index.

The Kona biotech firm, which is in Chapter 11 reorganization bankruptcy, closed yesterday at 7 cents, up 2 cents for the week.

Hawaiian Airlines Inc., which continues to lobby for approval of its merger with Aloha Airlines, surged 8.4 percent to close at $4.24, just off its 52-week high of $4.43.

Central Pacific Bank parent CPB Inc. rose 4.6 percent to $33 to finish third.

Bringing up the rear was Cyanotech Corp., which fell 5 percent to $1.14 despite brokerage firm Taglich Brothers reiterating its speculative buy rating and establishing a 27-month price target of $4.60. Cyanotech's stock is up 14 percent for the year.

Weekly highlight chart

Source: Bloomberg News STAR-BULLETIN GRAPHIC



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