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Argus shares fall 5.8% on BSX

More than 11,700 Argus shares traded on the BSX

Shares of Argus Group Holdings Ltd fell 5.8 per cent in Bermuda Stock Exchange trading.

The insurer shed 19 cents on the trading of 11,739 shares to close on $3.06, a new 52-week low.

Argus was the only stock to trade among the BSX domestic main board companies. The Royal Gazette/BSX Index fell 3.8 points, or 0.18 per cent, to close on 2,164.17.

The BSX Insurance Index gained 11.36 points, or 0.78 per cent, to close on 1,471.94.

Butterfield Bank’s US-listed shares gained 87 cents, or 2.41 per cent, to close at $36.99 on the New York Stock Exchange. Butterfield last traded on the BSX at $35.50.