Utilities hit hardest
Utilities was the hardest hit sector on The Bermuda Stock Exchange (BSX) last week, with two of the three companies listed seeing their share prices decline.
Watlington Waterworks Ltd. fell 13.97 percent ($1.95) to $12 with 910 shares traded, while KeyTech Ltd. dipped 0.8 1percent (five cents) to $6.05 as 8,500 shares changed hands.
But the Ascendant Group rose 3.7 percent (50 cents) to $14 with 16,300 shares transacted.
Elsewhere, BF&M Ltd. slipped 4.39 percent (60 cents) to $13.05 as 5,000 shares traded, while Butterfield Bank's rights issue shares edged up 42.85 percent (three cents) to 10 cents with 19,980,289 shares on trade. The bank also transacted 106,010 common shares and 98 preference shares during the day.
Bermuda Commercial Bank Ltd. saw 600 shares change hands as it rose 0.62 percent (five cents) to $9.55.
Other traders included MediaHouse Ltd., which transacted 100 shares to open and close at $12.
As a whole, the Index fell 2.93 points (0.23 percent) to 1,273.45, with 20,117,709 shares worth BD$2,019,174.72 and 10,009 shares worth US$216,780 traded.
The BSX Insurance Index was up five points (0.5 percent) at 980.