KeyTech drops 13% – The Royal Gazette | Bermuda News, Business, Sports, Events, & Community

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KeyTech drops 13%

KeyTech Ltd. fell 13.44 percent (94 cents) on The Bermuda Stock Exchange (BSX) yesterday.

The telecommunications provider traded 4,400 shares to close at $6.05 for the day.

Butterfield Bank's preference shares also rose 0.08 percent ($1) to $1,236 with 13 shares changing hands.

The bank also transacted 6,592 common shares, but its share price held firm at $1.34.

Overall the Index dropped 11.76 points (one percent) to 1,164.76 with 10,992 shares worth BD$35,769.60 and 13 shares worth US$16,070.89 transacted.

The BSX Insurance Index remained unchanged at 972.

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Published March 12, 2011 at 9:00 am (Updated March 11, 2011 at 8:15 pm)

KeyTech drops 13%

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