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Ascendant rises 5.8%

Ascendant Group rose 5.8 percent on the Bermuda Stock Exchange (BSX) yesterday, as 5,000 of the utility company’s shares traded hands.

The shares closed up 75 cents, at $13.75.

Butterfield Bank Preference Shares also traded closing up $1.00, or 0.1 percent, at $1,232.00, on a volume of 35 shares.

BF&M shares closed down 25 cents or 1.7 percent, finishing at $14.75 as 3,000 of the shares changed hands.

Overall the BSX ended the day up 0.43 percent, or 4.80, at 1,112.19.

The BSX Insurance Index closed up 0.97 percent, or 10,00 at 1036.00.

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Published November 09, 2011 at 1:00 am (Updated November 09, 2011 at 8:14 am)

Ascendant rises 5.8%

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