Ascendant Group Ltd’s shares reached a new 52-week high in Bermuda Stock Exchange trading.

The parent company of power utility Belco gained 25 cents, or 1.5 per cent, to close on $16.50 on the trading of 1,900 shares.

The BSX Insurance Index fell 0.8 of a point to close on 1,853.69.

The Royal Gazette/BSX Index gained 2.41 points, or 0.1 per cent, to close on 2,730.81.