Argus shares at 52-week low

  • Argus shares fell 5.8 per cent over the course of the week on the BSX

    Argus shares fell 5.8 per cent over the course of the week on the BSX


Shares of Argus Group Holdings Ltd fell to a 52-week low of $3.06.

In Bermuda Stock Exchange trading, the insurer fell five cents, or 1.6 per cent, as 11,000 shares changed hands, capping a week in which Argus shares fell 5.8 per cent.

Argus was the only stock to trade on the BSX. The Royal Gazette/BSX Index fell one point or 0.04 per cent, to close on 2,308.37.

For the week, the index was down 93.55 points, or 4.05 per cent, driven largely by a 5 per cent fall in Butterfield Bank shares over the five trading days.

US-listed shares of Butterfield slid $1.54, or nearly 4 per cent, to close on $37.25 on the New York Stock Exchange. The bank’s previous trade price on the BSX was $38.

The BSX Insurance Index fell 4.01 points, or 0.25 per cent, to close on 1,582.02.

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Published May 17, 2019 at 6:15 pm (Updated May 17, 2019 at 6:15 pm)

Argus shares at 52-week low

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