Log In

Reset Password

Bad week for utilities

Three domestic-board stocks fell in Bermuda Stock Exchange trading last week while insurer BF&M Ltd was the sole stock to advance.

BF&M climbed 35 cents, or 2.1 percent, to close the week on $17.

The big utilities had a bad week, with Ascendant Group Ltd falling 45 cents, or 5.6 percent, to $7.55, while KeyTech Ltd shed 29 cents, or 5.4 cents, to close on $5.11.

Butterfield Bank slipped one cent, or 0.5 percent, to $1.98, as more than 680,000 of its shares changed hands.

The Royal Gazette/BSX Index fell 9.79 points, or 0.7 percent, over the five days of trading.

Volume was more than 695,000 shares and turnover was close to $1.8 million.

You must be Registered or to post comment or to vote.

Published March 24, 2014 at 9:00 am (Updated March 23, 2014 at 8:04 pm)

Bad week for utilities

What you
Need to
1. For a smooth experience with our commenting system we recommend that you use Internet Explorer 10 or higher, Firefox or Chrome Browsers. Additionally please clear both your browser's cache and cookies - How do I clear my cache and cookies?
2. Please respect the use of this community forum and its users.
3. Any poster that insults, threatens or verbally abuses another member, uses defamatory language, or deliberately disrupts discussions will be banned.
4. Users who violate the Terms of Service or any commenting rules will be banned.
5. Please stay on topic. "Trolling" to incite emotional responses and disrupt conversations will be deleted.
6. To understand further what is and isn't allowed and the actions we may take, please read our Terms of Service
7. To report breaches of the Terms of Service use the flag icon