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
Bank of Hawaii parent Pacific Century Financial Corp., whose stock rose four of five trading days this week, nosed out two other companies to take top honors in the Bloom- berg Honolulu Star-Bulletin index. Bankoh parent wins by a nose
The Honolulu-based company, which has been streamlining its operations, gained 4.8 percent to close the week at $25.79.
Big Island biotech firm Cyanotech Corp. was next behind with a 4.6 percent rise to $1.15 while ML Macadamia Orchards LP, another Big Island firm, rose 4.1 percent to $3.60.
Hawaiian Airlines Inc., which has been trying to drum up support for its merger with rival Aloha Airlines, hit a 52-week high of $4.45 Thursday before ending the week up 3.9 percent at $4.24.
The only Hawaii-based company in the red this week was Kauai shrimp producer Ceatech USA Inc., which dropped 13.3 percent to 65 cents.
Source: Bloomberg News STAR-BULLETIN GRAPHIC
