Arkansas In­dex slips 3.30, ends at 342.55

Northwest Arkansas Democrat-Gazette - - BUSINESS & FARM -

The Arkansas In­dex, a price-weighted in­dex that tracks the largest pub­lic com­pa­nies based in the state, dropped 3.30 to 342.55 Wed­nes­day.

“Tech­nol­ogy shares out­per­formed as equities ad­vanced de­spite con­cerns of a Fed­eral Re­serve debt hold­ing draw­down as early as Septem­ber as im­plied in the re­lease of the June Fed­eral Open Mar­ket Com­mit­tee meet­ing min­utes,” said Leon Lants, man­ag­ing di­rec­tor at Stephens Inc. in Lit­tle Rock.

To­tal vol­ume for the in­dex was 20.2 mil­lion shares.

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

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