BSX daily trade report
Butterfield rises, BF&M falls
Shares of Butterfield Bank climbed and BF&M fell in Bermuda Stock Exchange trading.
Butterfield gained 25 cents, or 0.5 per cent, to close on $51.25 as 206 shares changed hands.
Insurer BF&M fell 26 cents, or 1.6 per cent, to close on a 52-week low of $16.50 as 11,000 of its shares were traded.
The Royal Gazette/BSX Index gained 9.25 points, or 0.32 per cent, to close on 2,885.1. Trading volume was 11,206 shares, while turnover topped $193,000.
The BSX Insurance Index added 10.86 points, or 0.68 per cent, to close on 1,603.64.
Ascendant Group Ltd, owner of power utility Belco, said it bought back 170,782 of its own common shares at an average price of $16.36 — a total value of about $2.79 million — during the month of September.
In a filing with the BSX, the company said the repurchased shares had been reserved for issuance.
Schools ‘at an all-time low’
Goslings releases ‘father of all rums’
Pembroke man shot dead outside home
Phillip “Phoopa” Anderson (1960-2018)
Pensions rise from January
Work-permit backlog cut down, says Caines
BMA gets go-ahead to increase fees
Obesity: the hidden costs
Man attacks girlfriend’s mother over parking
Storm force gusts overnight
Concert promoter puts tickets on blockchain
Frederick “Penny” Bean (1936-2018)
Young Achiever: Ethan honours family name
Ten-man X-Roads left fuming
Take Our Poll