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Belco lights up way

Belco Holdings Ltd. was the biggest mover onThe Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday.

The utilties company saw its share price rise $1 (five percent) to close at $21, with 9,400 shares traded.

Argus Group Holdings Ltd. also traded 3,000 shares as its share value climbed 45 cents (2.9 percent) to $15.95.

Butterfield Bank (4,106 shares) and BF&M Ltd. (298) were among the other traders, but their share values held firm.

Overall, the Index inched up 35.54 points (0.71 percent) to 5,032.34, with 16,804 shares worth $320,047 changing hands.

The BSX Insurance Index, however, dropped 0.17002 percent to 1,091.24.