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 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. Aquasearch surges to lead 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.
