The Bermuda Stock Exchange Index jumped 18.88, or 1.64 percent, to 1,170.52 yesterday.

Butterfield Bank climbed four cents, or 2.9 percent, to $1.44 as 15,000 shares changed hands.

Bank of NT Butterfield Preference Shares jumped $4.85, or 0.4 percent, to $1,194.85 as 20 shares changed hands.

Ascendant Group Limited was unchanged at $11 as 5,958 shares changed hands.