Bermuda Commercial Bank rose 27.48 percent ($2.13) on The Bermuda Stock Exchange (BSX) after the bank sold a controlling interest to Bermuda-based exempt company Permanent Investment Ltd.

The bank, who in whose shares trading was suspended by the BSX yesterday, closed at $9.88, with 3,474,177 shares traded.

Butterfield Bank's rights shares offer saw more subscribers, as 1,080,820 shares changed hands. The share price fell 26.66 percent (four cents) to 11 cents.

The bank also transacted 2,610 common shares and 35 preference shares, but their share values held firm at $1.45 and $200 respectively.

Elsewhere, MediaHouse Ltd. declined 3.70 percent (50 cents) to $13, with 4,200 shares traded and BF&M Ltd. was up 1.88 percent (25 cents) to $13.50, as 4,200 shares changed hands.

The Index, as a whole, was up 18.57 points (1.35 percent) at 1,398.86, with 4,561,907 shares worth BD$34,516,009.09 and 35 shares worth US$43,272.22 traded.

The BSX Insurance Index, however, was down 2.69 points (0.26 percent) at 1,012.