Oklahoman Published: January 6, 2013
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Eagle & Beagle

Eagle

We've seen our share of positive weeks on Wall Street, with broad gains that tend to boost the prices of nearly all of our local stocks.

However, rarely does every single Oklahoma stock post a gain for the week. But that's what happened last week.

The rising tide lifted all Sooner boats, including our top stock for 2012, Southwest Bancorp, which gained 10.5 percent last week. The weekly wave also raised some of our worst-performing 2012 stocks, like Syntroleum Corp., which added 31 percent, and Apco Oil & Gas International, which grew 22.5 percent last week.

Boosted by a deal on the fiscal cliff negotiations, the Dow Jones Index rang up its best week in more than a year. The S&P 500 boasted an even larger percentage gain, finishing the year's first trading week at a five-year high.

This is not sustainable, but it's a very nice way to start a year that ends with a 13.

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by Don Mecoy
Business Editor
Business Editor Don Mecoy has covered business news for more than a decade after earlier working on The Oklahoman's city, state and metro news desks, including a stint as city editor. He has won state and regional journalism awards for business,...
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