KeyTech drop forces BSX down
Created: Jun 11, 2005 11:00 AM
KeyTech Holdings Ltd. shares dropped 4.2 percent on the Bermuda Stock Exchange yesterday, helping to drive the Royal Gazette/Bermuda Stock Exchange Index down 45 points ahead of the Queen's Birthday Holiday weekend.
The Index closed down 45.04 points or 1.35 percent at 3,299.61 on thin volume of 2,748 shares worth $64,460.
KeyTech, which owns BTC, Logic and Mobility, fell 45 cents to $10.25 on volume of 1,230 shares. Butterfield Bank also dropped 75 cents to $41.25 on volume of 1,138 shares.
Bermuda Container Line 50 cents or 3.8 percent to $12.50 on volume of 250. Belco was unchanged at $42 on volume of just 30 shares.