The Los Angeles Business Journal’s index of largest local public companies rose for the week ended March 25 as investors reacted to a better-than-expected U.S. gross domestic product report for the fourth quarter.

The weighted LABJ index closed up 1.1 percent to 124.93, with gainers outpacing decliners 116 to 55.

The top gainer was Crown Media Holdings Inc., which jumped nearly 26 percent to $2.40. The Studio City operator of the Hallmark Channel recovered from a big decline last week when an investor lost a legal bid to stop Crown Media from recapitalizing its debt into preferred stock and other securities, diluting the holdings of investors.

Despite the lack of market-moving news, two other big gainers were Azuza natural make-up company Physicians Formula Holdings Inc. and downtown Los Angeles commercial real estate developer Thomas Properties Group Inc. Physicians Formula jumped 24.5 percent to $5.23, and Thomas gained nearly 19 percent to $3.48.

Superior Industries International Inc. continued to benefit from last week’s positive fourth quarter earnings report. The Van Nuys aluminum wheel maker added another 13.6 percent to end the week at $25.06.

Among the biggest decliners was American Apparel Inc., which saw its founder and chief executive hit with a second sexual harassment lawsuit in a month. Shares fell 11.6 percent to 91 cents.

Green Dot Corp. fell 8 percent to $42.32. The Monrovia prepaid debit card company had no market-moving news during the week.