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Bermuda Stock Exchange

International Business

"60/40 rule relaxation will focus on listed companies"

Government has no plans to scrap the 60/40 ownership rule altogether, and a main focus of the planned review would be relaxing the requirements for public companies in order to encourage more foreign investment in Bermuda. And The Royal Gazette under...
Nov 08, 2011
Bermuda Stock Exchange

"Argus slides 0.2%"

Argus Group Holdings Ltd fell 0.2 percent (one cent) on The Bermuda Stock Exchange (BSX) yesterday. The insurer traded 500 shares to close at $4.55. Butterfield Bank also saw 2,500 shares change hands, but its price held firm at $1.27. Overall the In...
Nov 08, 2011
Bermuda Stock Exchange

"BSX slides 1.3%"

The Royal Gazette / Bermuda Stock Exchange Index fell by almost 1.3 percent last week, as Butterfield Bank’s share price slipped. The bank’s shares fell three cents, or 2.3 percent, to $1.27 on the trading of just 900 shares over the five days. The b...
Nov 07, 2011
Bermuda Stock Exchange

"BNTB falls 2.3%"

Butterfield Bank dropped 2.3 percent (three cents) on The Bermuda Stock Exchange (BSX) yesterday. The bank traded 900 shares to close at $1.27. The bank also saw 34 shares change hands as it rose 0.06 percent ($1) to $1,231. Overall the Index fell 14...
Nov 05, 2011
Bermuda Stock Exchange

"Keytech up 4.6%"

KeyTech Ltd rose 4.6 percent (24 cents) to $5.50 on The Bermuda Stock Exchange (BSX) yesterday. The telecoms provider traded 6,890 shares during the day. Overall the Index climbed 2.97 points (0.27 percent) to 1,121.78 with 6,890 shares worth BD$37,8...
Nov 04, 2011
Bermuda Stock Exchange

"Ascendant falls 0.07%"

The Ascendant Group Ltd fell 0.07 percent (one cent) on The Bermuda Stock Exchange (BSX) yesterday. The parent company of Belco and Bermuda Gas closed at $13 with 23,300 shares traded. Overall the Index dropped 1.51 points (0.14 percent) to 1,118.81 ...
Nov 03, 2011
Bermuda Stock Exchange

"Ascendant declines"

Ascendant Group fell on the Bermuda Stock Exchange yesterday as 9,200 shares changed hands. Shares in the utility company fell 59 cents, or 4.3 percent to $13.01. It was the day’s only trade on the BSX. Overall the index closed down 0.46 percent, or ...
Nov 02, 2011
Bermuda Stock Exchange

"Argus up 3.63%"

Argus Group Holdings Ltd rose 3.63 percent (16 cents) on The Bermuda Stock Exchange (BSX) yesterday. The insurer traded 2,200 shares to close at $4.56. The Ascendant Group Ltd also saw 2,700 shares change hands as its climbed 0.66 percent (nine cents...
Nov 01, 2011
Bermuda Stock Exchange

"BCB Holdings gets green light to reorganise"

Bermuda Stock Exchange-listed BCB Holdings Ltd has announced the approval of a resolution for the reorganisation of the company and its subsidiaries through the demerger of the group’s non-Belizean businesses to Waterloo Investment Holdings Ltd at th...
Oct 31, 2011
Bermuda Stock Exchange

"BSX edges higher"

Butterfield Bank was the most heavily traded stock on the Bermuda Stock Exchange in the week it announced a third-quarter profit of $11.2 million. Just short of 105,000 of the bank’s shares traded, as the price remained on $1.30. The biggest gainer ...
Oct 31, 2011
Bermuda Stock Exchange

"Ascendant falls"

The Ascendant Group Ltd fell 1.74 percent (24 cents) on The Bermuda Stock Exchange (BSX) yesterday. The utilities group traded 200 shares to close at $13.51. Overall the Index also dropped 2.08 points (0.19 percent) to 1,121.79 with 200 shares worth ...
Oct 29, 2011
Bermuda Stock Exchange

"Ascendant declines"

The Ascendant Group Ltd fell 0.36 percent (five cents) on The Bermuda Stock Exchange (BSX) yesterday. The energy provider traded 5,300 shares to close at $13.75. Butterfield Bank also transacted 1,246 common shares and one preference share, but their...
Oct 28, 2011
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