Shares of BF&M Ltd fell 44 cents, or 2.7 per cent, to $16.06 after 550 traded on The Royal Gazette/BSX Index.

There was also trading in 6,322 shares of Ascendant Group, parent of Belco, but with no change to the closing price of $17.

On the New York Stock Exchange, shares of Butterfield Bank were down six cents, or 0.12 per cent, $51.74.

The Royal Gazette/BSX Index was down 3.27 points, or 0.12 per cent, at 2,895.91.

The BSX Insurance Index was 19.07 points, or 1.25 per cent, lower at 1,500.68.