The Los Angeles Business Journal’s index of largest local public company stocks declined slightly after three weeks of solid gains.

The weighted LABJ Index dropped 2 percent to close at 118.18 for the week ended Nov. 4. Declining stocks outnumbered gainers by 102 to 67 with 6 companies unchanged.

K-Swiss, the Westlake Village footwear maker, posted the biggest percentage loss of the week at 39 percent. On Thursday the company reported a quarterly net loss of $15.4 million, or 43 cents per share, missing Wall Street consensus expectations for a loss of 26 cents per share. K-Swiss also announced a 4.2 percent decline in future orders for shoes.

Other decliners included ReachLocal, anWoodland Hills Internet marketing company that announced it had shut down its Bizzy ecommerce site, sparking an 18 percent drop in share price; and broadcaster Entravision Communications, which reported a money-losing quarter and saw its shares decline 14 percent.

Major gainers for the week were Internet content producer Demand Media in Santa Monica, which rose 22 percent, and resin manufacturer Cereplast in El Segundo which gained 20 percent for the week.