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BSX unchanged

The Royal Gazette / Bermuda Stock Exchange (BSX) Index was unchanged yesterday, after a quiet session of trading.

The only domestic companies to see trading activity were Butterfield Bank, which remained unchanged on $5.55, and KeyTech Ltd., which stayed on $9.50.

Just 20 shares of each company changed hands.

Potential investors in Butterfield Bank's $200 million issuance of preferred stock are waiting for terms to come out any day. The capital raise is due to be completed by June 30.