Busy utilities trading
Created: Jul 28, 2008 11:00 AM
Utilities was the busiest sector on The Royal Gazette/Bermuda Stock Exchange Index (BSX) last week.
KeyTech Ltd. saw its share price rise $1.27 to close at $14, with 6,012 shares traded, while Watlington Waterworks Ltd. was also up $1, was 500 shares changed hands.
But Belco Holdings Ltd. dropped 40 cents to $21, with 500 shares transacted.
Stevedoring Services Ltd. was the only other company to experience an increase in its share value - to the tune of $1, as it finished on $21 with 500 shares traded. Butterfield Bank ($1), Argus Group Holdings Ltd. (75 cents) and BF&M Ltd. (50 cents), however, were all down for the week.
The Index, as a whole, fell 180.49 points (3.95 percent) to 4,558.5, as 121,505 shares worth $1,842,852.65 were traded.