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The Honolulu Advertiser

Posted at 12:25 p.m., Wednesday, January 2, 2008

Hawaii stock index falls for a fourth session

Advertiser Staff

The Bloomberg-Honolulu Advertiser Hawai'i Index fell for a fourth consecutive trading session as local stocks traced a downward slide by broader markets.

The 11-member stock index declined 1.35 points to 93.95, as two issues gained, eight declined and one remained unchanged.

Alexander & Baldwin fell $1.34, or 2.6 percent, to $50.32, while Bank of Hawaii was off $1.25 to $49.89.

Castle Group, the Honolulu-based owner of Castle Resorts & Hotels, isn't in the index. It's shares rose 49 percent, or 50 cents, to $1.51 in over-the-counter bulletin board trading.