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New County Stock Index

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Today, the Times Orange County Edition launches a new feature, the Bloomberg Orange County Index.

The index, prepared by Bloomberg Financial Markets with the assistance of the Los Angeles Times, is a price-weighted stock index of 117 publicly traded companies with market capitalization of more than $15 million. The companies are either headquartered in the county or are major employers here.

The index has been calculated back to Dec. 29, 1994, at a value of 100.

The Orange County index--located today on D7--will be listed regularly in The Times with the county stock tables. Companion regional and state Bloomberg indexes can be found on D9.

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