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Seven of nine companies had gains in market cap
Hart Capital Management Inc., of Spokane, says the composite value of the nine publicly traded Inland Northwest companies increased to $12.2 billion in the recently completed third quarter, an increase of $1.1 billion, or 9 7 percent, from the previous quarter.
In the second quarter of this year, the composite value of the publicly traded companies rose to $11.1 billion from $10.8 billion, an increase of $248 million, or 2 percent, from the previous quarter.
The third-quarter gain is the seventh increase in the composite in the last eight quarters.
Both the second and third quarter increases followed a slight decline in the first quarter of this year.
Hart Capital tracks the performance of publicly traded companies in the region with its composite and its Inland Northwest Index, which tracks companies in a...