Ascendant Group Ltd was the lone stock to trade on the Bermuda Stock Exchange.

The owner of electricity utility Belco remained unchanged on $20 as 11,700 shares changed hands.

The trading of the $234,000 worth of shares came on the day that Ascendant announced core earnings of $18.3 million for 2018, down 10 per cent from the previous year.

The company also revealed that it had bought $10.69 million buying back more than 650,000 of its own shares last year.

Also yesterday, Ascendant announced it had spent another $576,700 to repurchase a total of 28,835 shares in three transactions on March 4, 6 and 7, at $20 per share.

The Royal Gazette/BSX Index closed unchanged at 2,360.83.

The BSX Insurance Index fell 4.42 points, or 0.3 per cent, to close on 1,432.33.