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.