Polaris shares plunge 28%
Updated: Jan 08, 2014 06:25 PM
Shares of Polaris Holding Company Ltd, the parent company of Stevedoring Services, plummeted more than 28 percent in Bermuda Stock Exchange trading today.
Polaris fell $1.20, or 28.2 percent, on the trading of 5,000 shares to close the day on $3.05.
Telecommunications group KeyTech Ltd had a much better day, climbing 29 cents, or five percent, to close on $6.09, as 1,700 of its shares changed hands.
Butterfield bank, Ascendant Group Ltd and BF&M Ltd also traded, but their share prices remained unchanged.
The Royal Gazette/BSX Index gained 2.31 points, or 0.19 percent, to close on 1,203.29.
Volume was 25,876 shares and turnover was $92,700.69.
The BSX Insurance Index fell 3.46 points, or 0.24 percent, to close on 1,434.57.