In­dex falls by 0.69 on mixed re­turns

Northwest Arkansas Democrat-Gazette - - BUSINESS & FARM -

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.

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