The Honolulu Advertiser-Bloomberg Hawai'i Index reached its lowest point since its start in August 2007 as stocks tumbled on Wall Street.

The index, which started at 100, closed at 58.96, with all 11 members of it losing ground on yesterday.

Bank of Hawaii fell almost 12 percent to $24.35, while Hoku Scientific was off almost 18 percent to $2.87. Barnwell Industries tumbled 15 percent to $4.48 and Hawaiian Holdings dropped 13 percent to $4.84.