Posted at 12:17 p.m., Wednesday, December 26, 2007
Hawaii stock index rises for sixth straight session
Advertiser Staff
The Bloomberg-Honolulu Advertiser Hawai'i Index rose for a sixth consecutive trading session as gains by Hoku Scientific and Barnwell Industries helped erase declines by other issues.The 11-member stock index climbed 1.40 points to 97.42, as four issues rose and seven declined.
The gainers were led by Hoku, which rose 22 percent, or $2.29, to $12.69. Hoku's shares have risen 372 percent this year after beginning the year at $2.61. Bloomberg Data shows short interest in the stock stands at 31 percent.
Barnwell's shares rose $1.73, or 16.7 percent, to $12.06.
