State’s in­dex up 1.98; 13 stocks post gains

Northwest Arkansas Democrat-Gazette - - BUSINESS & FARM -

The Arkansas In­dex, a price-weighted in­dex that tracks the largest public com­pa­nies based in the state, gained 1.98 to 338.15 Fri­day.

Thir­teen stocks ad­vanced and five de­clined.

Ar­cBest shares rose 4.1 per­cent in light trad­ing.

For the week, 12 stocks fell and six were up.

Ar­cBest had the best week, ris­ing 4.9 per­cent.

To­tal vol­ume for the in­dex was 17.5 mil­lion shares. The av­er­age daily vol­ume for the week was 17.2 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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