In­dex picks up 1.62, ends day at 355.51

Northwest Arkansas Democrat-Gazette - - BUSINESS & FARM -

The Arkansas In­dex, a price-weighted in­dex that tracks the largest pub­lic com­pa­nies based in the state, climbed 1.62 to 355.51 Tues­day.

“The ma­jor av­er­ages con­tin­ued their up­ward mo­men­tum, clos­ing higher as in­vestors re­acted af­fir­ma­tively to bet­ter-thanex­pected cor­po­rate earn­ings,” said Bob Wil­liams, se­nior vice pres­i­dent and man­ag­ing di­rec­tor of Sim­mons First In­vest­ment Group Inc. in Lit­tle Rock.

To­tal vol­ume for the in­dex was 21.3 mil­lion shares.

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

Newspapers in English

Newspapers from USA

© PressReader. All rights reserved.