Arkansas In­dex falls 3.75, ends at 351.76

Northwest Arkansas Democrat-Gazette - - BUSINESS & FARM -

The Arkansas In­dex, a price-weighted in­dex that tracks the largest pub­lic com­pa­nies based in the state, dropped 3.75 to 351.76 Wed­nes­day.

“Eq­ui­ties ral­lied fol­low­ing an early morn­ing de­cline to close rel­a­tively flat with the tech­nol­ogy sec­tor out­per­form­ing fol­low­ing the re­lease of Ap­ple Inc. earn­ings on Tues­day with the Dow Jones in­dus­trial av­er­age clos­ing above 22,000,” said Leon Lants, man­ag­ing direc­tor at Stephens Inc. in Lit­tle Rock.

Shares of Tyson Foods Inc. rose 1.2 per­cent, and Bank of the Ozarks rose 1.8 per­cent.

Dil­lard’s Inc. shares fell 4.6 per­cent, and Ar­cBest Corp. fell al­most 4 per­cent.

To­tal vol­ume for the in­dex was 25 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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