State index slides 11.37 to 385.67

The Arkansas Index, a price-weighted index that tracks the largest public companies based in the state, tumbled 11.37 to 385.67 Friday.

The index reached a 52-week low of 384.79 before closing slightly higher.

Windstream closed up 1 percent in heavy trading, the only stock on the index with a gain. USA Truck lost 8.7 percent in below-average volume.

Six stocks hit 52-week lows during the week.

For the week, all 15 stocks lost ground. Uniti Group had the best week, losing 2.9 percent. USA Truck fell 19.4 percent for the week.

Total volume for the index on Friday was 20.5 million shares. The average daily volume for the week was 24.3 million shares.

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