Index falls by 0.69 on mixed returns
The Arkansas Index, a price-weighted index that tracks the largest public companies based in the state, fell 0.69 to 346.00 Monday.
“The major averages were mixed as the earnings season accelerates with scores of S&P 500 companies scheduled to release quarterly results this week,” said Bob Williams, senior vice president and managing director of Simmons First Investment Group Inc. in Little Rock.
Total volume for the index was 18.6 million shares.
The index was developed by Bloomberg News and the Democrat-Gazette with a base value of 100 as of Dec. 30, 1997.