State index up 0.81 though 10 stocks fall

The Arkansas Index, a price-weighted index that tracks the largest public companies based in the state, dropped 0.81 to 333.76 Friday.

Ten stocks fell and eight gained ground.

Dillard’s fell 6 percent a day after releasing disappointing quarterly earnings.

P.A.M. Transportation rose 4.3 percent in light trading.

Total volume for the index was 31.7 million shares. The average daily volume for the week was 30 million shares.

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