The Bermuda Stock Exchange rose 15.46, or 1.3 percent, to 1,197.89 with 17,541 shares trading at a total value of $62,041.59.

The insurance, utilities and banking sectors all saw movement on the BSX. Some 9,891 of The Bank of NT Butterfield Ltd shares moved at 1.53, up 0.03.

Argus Group Holdings Ltd traded with 5,000 shares changing hands at a stable 4.00. Ascendant Group Limited was up, with 2,650 shares moving at 10.25, an increase of 0.15 on the last trade.