BSX rises for week
The Royal Gazette/Bermuda Stock Exchange Index for the week ending May 13 gained 25.784 points to close at 3,378.27.
Butterfield Bank stock gained 45 cents to finish the week at $42.15 following 27,932 trades. Investors of Bermuda Commercial Bank Ltd. traded 1,000 shares during the week, pushing its price down 25 cents to $7.50. LOM (Holdings) Ltd. closed unchanged at $3 after investors traded 36,000 shares. Argus Insurance Company Ltd. gained $3.65 to close the week at $29 after investors traded 775 shares. BF&M closed unchanged at $14 after investors traded 600 shares. Bermuda Press Holdings Ltd. - the parent company of The Royal Gazette - closed unchanged at $14.50 after investors traded 500 shares. Belco Holdings Ltd. lost 5 cents and closed at $41.80 after investors traded 6,695 shares during the week.