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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ML Macadamia Orchards LP and CB Bancshares Inc. were the only stocks on the Bloomberg Honolulu Star-Bulletin Index to post gains in what was a broadly dismal week for the market.
Two firms post gains
ML Macadamia gained 3.64 percent for the week to close at $3.70. There was no news out of the nut grower.
City Bank parent CB Bancshares was added to the Russell 2000 index June 28. But the stock actually lost ground after its new standing was announced Wednesday. It dropped from a high of $35.35 at Wednesday's close to end at $34.98 yesterday. That was still enough to boost the stock nearly 1 percent for the week.
Source: Bloomberg News STAR-BULLETIN GRAPHIC