Shares of Ascendant Group Ltd rose 0.6 per cent in Bermuda Stock Exchange trading.

The parent company of power utility Belco rose 20 cents to close on $31.25 as 1,300 shares changed hands.

The only other issue to trade on the BSX was BF&M. The insurer closed unchanged on $18 as 100 shares were exchanged.

The US-listed shares of Butterfield Bank fell 76 cents, or nearly 3 per cent, to close on $24.63 on the New York Stock Exchange as 152,239 shares changed hands. The bank last traded on the BSX at $24.70.

The Royal Gazette/BSX Index rose 1.93 points, or 0.11 per cent, to close on 1,827.28.

For the week, the index fell 0.41 per cent, driven mainly by a 5.3 per cent fall in Ascendant’s share price.