Iowa stock index back to positive territory in Oct.
Iowa’s stock index shook off losses in September with a gain of 5.79 percent in October, according to the unweighted average price of the 22 Iowa-based public companies we track.
All but five of the 22 companies posted one-month gains, led by Flexsteel Industries Inc., which rose 39.17 percent to $43.49 from $31.25. We track publicly traded companies that are based in Iowa or do business here.
Also finishing with gains for the month were:
- DuPont Co., which rose to $63.40 from $48.20, up 31.5 percent.
- Dice Holdings Inc., up 23.8 percent to $9.05 from $7.31.
- Great Western Bancorp Inc., which gained 11.39 percent, rising to $28.26 from $25.37.
- Meredith Corp., with a gain of 10.43 percent to $47.02 from $42.58.
- American Equity Investment Life Holding Co., up 10.17 percent to $25.68 from $23.31.
The Iowa Index was up 5.79 percent after losing 2.5 percent the previous month. By comparison, the Nasdaq composite was up 9.38 percent, and the Dow Jones industrial average rose 8.47 percent.
Only five stocks on the list posted losses: Lee Enterprises Inc., 4.33 percen;, Renewable Energy Group Inc., 4.71 percent; Heartland Express Inc., 5.57 percent; Art’s Way Manufacturing Co., 14.48 percent; and KemPharm Inc. 15.63 percent. See the stock table here >>>
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