Arkansas Index falls 3.75, ends at 351.76
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.