Car-Mart up 11.4%, but index ends flatThe Arkansas Index, a price-weighted index that tracks the largest public companies based in the state, closed Wednesday at 320.17, up 0.83.
"Equities closed higher for a second consecutive day for the first time since Feb. 12 despite a late- afternoon sell-off over a possible delay in approval of the Senate stimulus bill as the industrials and energy sector outperformed," said Leon Lants, managing director of Stephens Inc. in Little Rock."
Shares of America's Car-Mart rose 11.4%. J.B. Hunt Transport Services shares rose 6.6%.
The index was developed by Bloomberg News and the Democrat-Gazette with a base value of 100 as of Dec. 30, 1997.