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Belco hits new high

close at a high of $20 on the Bermuda Stock Exchange.The shares were the only stock to register a price change, on volume of 1,300.

close at a high of $20 on the Bermuda Stock Exchange.

The shares were the only stock to register a price change, on volume of 1,300.

The move drove the Exchange Index up 2.63 points to 1161.43.

Belco 7 percent mortgage notes also traded, closing unchanged at $102 on volume of 50 units.

Also unchanged were Bank of Bermuda which held its high for the year of 22.25 on volume of 2000 and Bank of Butterfield, $32 on volume of 6602.

Chart -- Page 10.