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The Honolulu Advertiser

Posted at 12:18 p.m., Wednesday, January 9, 2008

Hawaii index down as five issues decline

Advertiser Staff

The Bloomberg-Honolulu Advertiser Hawai'i Index declined as five issues fell.

The 11-member stock index dropped 0.23 points to 85.85, as losses by five issues outweighed gains by five others. One remained unchanged.

Decliners were led by Bank of Hawaii, which was off $2.52 to $45.72, or 5.2 percent lower.

Alexander & Baldwin Inc. fell 1.5 percent, or 68 cents, to $45.31, while Hoku Scientific was down 59 cents, or 5 percent, to $11.10.

Castle Group Inc., an over-the-counter bulletin board stock not included in the index, jumped by one-third and has almost doubled since the start of the year. The thinly-traded stock was up 50 cents to $2.00.