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
Hawaiian gains altitude
The stock of Hawaiian Airlines' parent, which resumed trading Aug. 19 after a five-week trading halt, soared 20 percent this week to lead 11 other stocks in the Bloomberg Honolulu Star-Bulletin index. Hawaiian Holdings Inc. closed yesterday at 90 cents, its highest level in more than two weeks.
Mera Pharmaceuticals Inc., the lowest priced stock in the index, gained 8.3 percent to 6.5 cents after announcing the resignation of Chairman and Chief Executive Richard Propper and reporting that its net loss narrowed to $155,757 from a loss of $423,108 a year ago.
Maui Land & Pineapple Co. brought up the rear as it fell 5.1 percent to $24.
Source: Bloomberg News STAR-BULLETIN GRAPHIC
