Ascendant declines
The Ascendant Group Ltd. was the biggest decliner on The Bermuda Stock Exchange (BSX) last week.
The utilities company dropped 6.6 percent ($1.05) to $14.95, with 1,700 shares traded.
Butterfield Bank also fell 4.9 percent (seven cents) to $1.35, as 10,167 shares changed hands, and Argus Group Holdings Ltd. declined 3.7 percent (21 cents) to $5.50, with 30,587 shares transacted.
But Bermuda Aviation Services Ltd. rose 3.4 percent (14 cents) to $4.25, as 5,000 shares were traded, and BF&M Ltd. transacted 13,049 shares to climb 3.4 percent (45 cents) to $13.70.
Bermuda Commercial Bank Ltd. was also up one percent (10 cents) to $9.85, with 544 shares changing hands.
Overall the Index fell 42.3 points (3.53 percent) to 1,196.28, as 80,227 shares worth BD$562,201.55 and 45 shares worth US$58,500 were transacted.
The BSX Insurance Index, however, was up two points (0.2 percent) at 1,003.
Need to
Know
2. Please respect the use of this community forum and its users.
3. Any poster that insults, threatens or verbally abuses another member, uses defamatory language, or deliberately disrupts discussions will be banned.
4. Users who violate the Terms of Service or any commenting rules will be banned.
5. Please stay on topic. "Trolling" to incite emotional responses and disrupt conversations will be deleted.
6. To understand further what is and isn't allowed and the actions we may take, please read our Terms of Service
