BSX Index drops 7.737 points for week
The Royal Gazette/Bermuda Stock Exchange saw significant trading last week with more than $1 billion worth of shares changing hands. The week's trading pushed down the index by 7.737 points to close at 2,660.87
Leading trading last week was Belco with 23,306 shares trading while the power company saw its shares gain 15 cents to $34.
In the banking sector, the Bank of Butterfield traded 6,827 shares while its stock fell 75 cents to $35.25.
The Bank of Bermuda, which sees more trading on the Nasdaq where it has a secondary listing, saw 1,400 shares move on the BSX. Its stock moved up 25 cents to $38.25.
Meanwhile, Bermuda Bakery saw trading of 500 shares while the value of those shares dropped $5 to $25.
Hardware store Masters Ltd. also saw its share value go down when it fell $1.50 to $7 and 200 shares traded.
In the local insurance sector, BF&M saw 400 shares trade during the week and its stock value moved up 40 cents to $9.50.
Bermuda Press - the parent company of The Royal Gazette - traded 7,100 shares last week. Its stock value remained unchanged at $13.
And communications conglomerate KeyTech - the parent company of BTC, BTC Mobility and Logic Communications - saw 2,100 shares trade and a 25 cent gain on its stock, moving it up to $9.75.
