State in­dex gives up 6.38; 17 stocks fall

Northwest Arkansas Democrat-Gazette - - BUSINESS & FARM -

The Arkansas In­dex, a price-weighted in­dex that tracks the largest pub­lic com­pa­nies based in the state, fell 6.38 to 336.17 Thurs­day.

Of the 18 com­pa­nies on the in­dex, only Wal-Mart posted a gain.

“Ris­ing bond yields and weak­ness in over­seas mar­kets weighed on U.S. eq­ui­ties Thurs­day in ad­vance of to­day’s June pay­roll re­port as the telecom­mu­ni­ca­tions and real es­tate sec­tors lagged the broad mar­ket,” said Leon Lants, man­ag­ing di­rec­tor at Stephens Inc. in Lit­tle Rock.

To­tal vol­ume for the in­dex was 18.4 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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