State in­dex falls 0.32 as Ar­cBest surges

Northwest Arkansas Democrat-Gazette - - BUSINESS & FARM -

The Arkansas In­dex, a price-weighted in­dex that tracks the largest pub­lic com­pa­nies based in the state, dropped 0.32 to 356.11 Fri­day.

Ar­cBest Corp. shares jumped 25.4 per­cent on more than dou­ble its av­er­age vol­ume.

Bank of the Ozarks fell 12.3 per­cent on six times its nor­mal vol­ume.

For the week, 13 stocks rose and five fell.

Ar­cBest had the best week, ris­ing 25.1 per­cent.

Bank of the Ozarks fell 10.8 per­cent for the week.

To­tal vol­ume for the in­dex was 28 mil­lion shares. The av­er­age daily vol­ume for the week was 23.2 mil­lion shares.

The in­dex was de­vel­oped by Bloomberg News and the Demo­crat-Gazette with a base value of 100 as of Dec. 30, 1997.

Newspapers in English

Newspapers from USA

© PressReader. All rights reserved.