State index closes week with 0.53 gain

The Arkansas Index, a price-weighted index that tracks the largest public companies based in the state, climbed 0.53 to 439.89 Friday.

Winners and losers were evenly divided.

Acxiom continued its rise, gaining 2.7 percent in heavy trading.

Bank of the Ozarks lost 2.1 percent in heavy trading volume.

For the week, 12 stocks declined and four advanced.

Total volume for the index was 19 million shares. The average daily volume for the week was 19 million shares.

The index was developed by Bloomberg News and the Democrat-Gazette with a base value of 100 as of Dec. 30, 1997.