BNTB rises 12.5% – The Royal Gazette | Bermuda News, Business, Sports, Events, & Community

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BNTB rises 12.5%

Butterfield Bank rose 12.5 percent (15 cents) to $1.35 on The Bermuda Stock Exchange Index (BSX) yesterday.

The bank traded 750 shares during the day.

Meanwhile Bermuda Commercial Bank Ltd. also climbed one percent (10 cents) to $9.85, with 1,862,820 shares changing hands.

Argus Group Holdings Ltd. inched up 0.9 percent (five cents) to $5.55, as 100 shares were transacted.

Other traders included KeyTech Ltd. and the Ascendant Group Ltd., which traded 1,516 and 586 shares respectively, but both of their share prices held firm.

Overall the Index advanced 73.17 points (6.5 percent) to 1,198.22, with 1,865,772 shares worth $18,369,589.80 changing hands.

The BSX Insurance Index, however, dropped five points (0.49 percent) to 1,015.

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Published December 18, 2010 at 1:00 am (Updated December 18, 2010 at 9:11 am)

BNTB rises 12.5%

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