The Bloomberg /
Star-Bulletin Index

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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CPB continues rebound

Central Pacific Bank parent CPB Inc., continuing to rebound from an institutional divestiture of its stock three weeks ago, jumped 8.57 percent this week to lead 11 other stocks in the Bloomberg Honolulu Star-Bulletin index. CPB, which fell to $31.50 on July 22 after the selloff, has now gained 20.6 percent since that time and closed yesterday at $38. The stock is up 29.2 percent this year.

Cyanotech Corp. and Hawaiian Airlines Inc climbed 8.2 percent and 7.4 percent, respectively, for the second- and third-best performances.

Mera Pharmaceuticals Inc., formerly known as Aquasearch Inc., brought up the rear as its stock fell 3.7 percent.

Source: Bloomberg News

STAR-BULLETIN GRAPHIC