Arkansas In­dex falls 2.22; bank re­bounds

Northwest Arkansas Democrat-Gazette - - BUSINESS & FARM -

The Arkansas In­dex, a price-weighted in­dex that tracks the largest pub­lic com­pa­nies based in the state, fell 2.22 to 353.89 Mon­day.

“The ma­jor mar­ket av­er­ages were mixed on Mon­day as in­vestors con­tin­ued to eval­u­ate the lat­est cor­po­rate earn­ings re­leases,” said Bob Wil­liams, se­nior vice pres­i­dent and manag­ing di­rec­tor of Sim­mons First In­vest­ment Group Inc. in Lit­tle Rock.

Bank of the Ozarks re­bounded 3.4 percent in ac­tive trad­ing af­ter Fri­day’s fall, Wil­liams said.

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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