Richmond Index Gains 7.76 Percent In First Half Of 2016

7/1/16

By John Reid Blackwell, Richmond Times-Dispatch

The stocks of publicly traded companies based in the Richmond area generally outperformed the broader market indices during the turbulent first six months of 2016.

The Richmond Index, a listing of 19 local, publicly traded companies, gained 4.74 percent in the second quarter that ended on Thursday and was up 7.76 percent for the first six months of the year.

In comparison, the Dow Jones Industrial average gained 1.4 percent for the second quarter and was up 2.9 percent for the year to date at the close of the markets Thursday.

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