Bank shares hit high
Created: Mar 01, 1995 10:00 AM
Bermuda again leading the way in light trading.The Exchange Index closed up 9.84 points at 1112.88 on volume of 9,443 shares worth $65,398.
Bermuda again leading the way in light trading.
The Exchange Index closed up 9.84 points at 1112.88 on volume of 9,443 shares worth $65,398.
The bank recorded a gain for the second straight day, rising 50 cents to its high for the year of $20.50 on volume of 312 shares.
And its warrants also gained, closing up 25 cents to close at $3.25 on volume of 3,050 shares.
In bond trading, Belco 7 percent convertible notes shot up $7 to close at $127 on volume of 312 units to reach a new high for the year.
Elsewhere, BF&M, which announced a 10 percent stock divideded earlier this year, slipped 25 cents to close at $6.75 on volume of 7,951. Bermuda Home shares were unchanged at $6.875 on volume of 150.
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