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Butterfield shares gain 1.4%

Ascendant shares climbed to their highest level since August 2008 in BSX trading

Shares of Butterfield Bank gained 1.4 per cent in Bermuda Stock Exchange trading.

The bank added 50 cents to close on $35 as 1,572 shares changed hands. Butterfield’s US-listed shares advanced 29 cents, or 0.82 per cent to close at $35.67 on the New York Stock Exchange.

The only other stock to trade on the BSX was One Communications, which remained on $3 as 500 shares traded.

The Royal Gazette/BSX Index climbed 22.49 points, or 1.04 per cent, to close on 2,185.19.

Trading volume totalled 2,072 shares and turnover was $56,510.

The BSX Insurance Index added 6.14 points, or 0.4 per cent, to close on 1,554.56.