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KeyTech stock rises

Banking and utilities proved to be the busiest sectors on The Royal Gazette/Bermuda Stock Exchange Index (BSX) last week.

KeyTech Ltd. saw its share price rise 45 cents, with 3,000 shares traded, but Butterfield Bank and Belco Holdings Ltd. dropped by 55 cents and 40 cents respectively.

Butterfield Bank finished on $16.40, as 141,699 shares changed hands and Belco on $21.05, with 6,468 shares transacted.

Argus Group Holdings also traded 4,500, but its share value remained unchanged. The Index, which closed for the Queen's Birthday holiday yesterday, fell 93.20 points (1.89 percent) to 4,920.85, with 155,667 shares worth $2.61 million being traded.