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Four stocks improve

The value of shares traded on The Royal Gazette/BSX Index last week topped $4.5 million.

HSBC Bermuda improved by 50 cents, or 6.32 per cent, to $8.40 after 2,169 were exchanged. Also jumping higher was Argus Group, which was 20 cents up, or 4.4 per cent, at $4.75 after 864,800 traded. There was also an improvement for BF&M, which rose 45 cents, or 2.2 per cent, to $21 after 2,689 shares changed hands.

Utilities group Ascendant was up five cents, or 0.7 per cent at $7.25 after 1,000 shares traded.

Butterfield Bank shares lost $1, or 3 per cent, to close the week at $32.50 after 10,200 shares were exchanged. On the New York Stock Exchange, the bank's shares closed at $32.98.

The Royal Gazette/BSX Index closed at 1,986.55, down 37.05 points, or 1.86 per cent.

The BSX Insurance Index was 2.12 points down, or 0.11 per cent, at 1,845.24.

HSBC Bermuda shares rose 6.32 per cent on The Royal Gazette/BSX Index last week

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Published February 06, 2017 at 8:00 am (Updated February 05, 2017 at 6:40 pm)

Four stocks improve

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