Falls in the share prices of Butterfield Bank and Ascendant Group sent The Royal Gazette/BSX Index lower last week.

Butterfield slid 5 cents, or 2.9 per cent, to close the week on $1.65 as 36,573 shares traded over the five days.

Ascendant, the owner of electricity provider Belco, slipped 10 cents, or 2.2 per cent to close at a new 52-week low of $4.40 on the trading of 4,300 shares.

The week’s largest gainer was Argus Groups Holdings, which soared 33 cents, or 9 per cent, to $4 as 22,300 shares changed hands.

KeyTech also gained ground, adding 3 cents, or 0.9 per cent, to close on $3.54, on the trading of 6,800 shares.

Devonshire Industries suffered the week’s biggest fall, sliding 50 cents, or 8.3 per cent, to close on $5.50.

The index fell 16.34 points, or 1.39 per cent, to close on 1,174.13. Share volume topped 96,000 while turnover was more than $381,000.