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Ascendant falls 3.3%

Ascendant Group Ltd fell 3.3 percent yesterday in trading on the Bermuda Stock Exchange (BSX).The company, which owns electricty provider Belco, fell 50 cents to close on $14.50, as 2,200 shares traded.The only other domestic board issue to trade was insurer BF&M Ltd, which remained unchanged on $14.01, as 220 shares changed hands.The Royal Gazette / BSX Index fell 4.39 points, or 0.4 percent, to close on 1,114.39. Volume totalled 2,420 shares and turnover was $35,401.