In­dex surges 8.28 as all 18 stocks gain

Northwest Arkansas Democrat-Gazette - - BUSINESS & FARM -

The Arkansas In­dex, a price-weighted in­dex that tracks the largest public com­pa­nies based in the state, climbed 8.28 to 354.28 Tues­day.

“The ma­jor av­er­ages closed in pos­i­tive ter­ri­tory as in­vestors con­tinue to re­act op­ti­misti­cally to the start of the sec­ond-quar­ter earn­ings sea­son,” said Bob Williams, se­nior vice pres­i­dent and man­ag­ing di­rec­tor of Sim­mons First In­vest­ment Group Inc. in Lit­tle Rock.

All 18 Arkansas In­dex stocks were up.

To­tal vol­ume for the in­dex was 25.3 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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