Log In

Reset Password
BERMUDA | RSS PODCAST

Ascendant hits 52-week high

Shares of Ascendant Group, owner of power utility Belco, hit a 52-week high in BSX trading last week

Three domestic-board stocks declined and two gained ground in Bermuda Stock Exchange trading last week.

A busy week left The Royal Gazette/BSX Index at 2,046.02, down 6.55 points, or 0.3 per cent from a week before.

Ascendant Group Ltd, owner of power utility Belco, edged 1 cent higher to a 52-week high of $9, as 2,949 of its shares traded.

BF&M Ltd was the only other gainer, advancing 15 cents, or 0.7 per cent, to close on $20.75, as 200 shares traded.

Watlington Waterworks Ltd suffered the largest fall, dipping $2.50, or 9.1 per cent, to close the week on $25 on the trading of just 100 shares.

Somers Ltd, owner of Bermuda Commercial Bank, fell 50 cents, or 3.7 per cent, to $13, as 4,450 shares changed hands, while insurer Argus Group Holdings Ltd, shed 10 cents, or 2.4 per cent, to close on $4.10 on the trading of 23,900 shares.

Trading volume for the week was 159,490 shares and turnover topped $976,000.