Ascendant hits new 52-week high – The Royal Gazette | Bermuda News, Business, Sports, Events, & Community

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Ascendant hits new 52-week high

KeyTech, Ascendant Group and Argus Group all saw their share prices rise in Bermuda Stock Exchange trading last week, but Butterfield Bank lost ground.

Telecommunications firm KeyTech posted the biggest gain, climbing 10 cents, or 3.4 per cent, to $3 on the trading of 10,000 shares. Ascendant surged 15 cents, or 2.7 per cent, to hit a new 52-week high of $5.75, as 28,000 of its shares changed hands.

Insurer Argus climbed 5 cents, or 1.3 per cent, to $4.05 as 370 shares were exchanged.

Butterfield was the lone stock to fall last week, slipping 3 cents, or 1.7 per cent, to close on Friday at $1.75.

The Royal Gazette/BSX Index fell 9.65 points, or 0.76 per cent, to close on 1,266.64.

Trading volume for the five days totalled 133,370 shares and turnover was $362,265.30.

The BSX was closed yesterday for the Labour Day holiday.

Down week: The Royal Gazette/BSX Index fell 0.76 per cent in last week's trading

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Published September 06, 2016 at 9:00 am (Updated September 05, 2016 at 9:29 pm)

Ascendant hits new 52-week high

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