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One shares gain on heavy volume

More than 158,000 shares of One Communications traded on the BSX

An unusually high volume of One Communications Ltd shares traded on the Bermuda Stock Exchange.

The telecoms group closed up a cent, or 0.3 per cent, at $2.95 as 158,107 shares changed hands.

Argus Group Holdings was the only other stock to trade. The insurer’s share price fell by a cent, or 0.3 per cent, to close on $3.71 as 4,600 shares traded.

The Royal Gazette/BSX Index was flat, falling by just 0.06 of a point to end the week at 2,868.21. Over the week, the index fell by 21.6 points, or 0.75 per cent.