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$1.7m of shares traded during the week

Shares valued at more than $1.7 million traded on The Royal Gazette/BSX Index last week.

The biggest gainer was Bermuda Press (Holdings) Ltd, the parent company of The Royal Gazette, which saw its shares jump $1.70, or 32.1 per cent, to close at $7 after 33.066 changed hands.

KeyTech Ltd improved by 25 cents, or 9.4 per cent, to $5.60 after 47,100 shares traded, and Ascendant Group were up 15 cents, or 2.8 per cent, after 47,100 shares changed hands.

In the banking sector, HSBC Holdings improved 20 cents, or 2.94 per cent, to $7 after 9,514 shares traded, however shares of Butterfield Bank retreated 20 cents, or 10.1 per cent, to $1.79 after 140,927 were exchanged during the week. Butterfield's preference shares lost $10.01, or 1 per cent after 69 were traded.

Other shares traded during the week were BF&M, Argus Group and Watlington Waterworks, which all remained unchanged.

The Royal Gazette/BSX Index ended the week at 1,276.3, down 82.86 points, or 6.49 per cent.

The BSX Insurance Index slipped 3.74 points, or 0.22 per cent, to close at 1,660.78.

The Royal Gazette/BSX Index closed 82.86 points lower on the week

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Published August 29, 2016 at 9:00 am (Updated August 28, 2016 at 6:50 pm)

$1.7m of shares traded during the week

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