The Royal Gazette/Bermuda Stock Exchange closed down 7.78 yesterday afternoon to finish the day at 1,370.98 after a busy day of trading.

A total of 45,608 shares changed hands at a value of $141,259.32.

The Bank of NT Butterfield was steady at 1.99 after 30,668 shares traded.

The decliners were in the insurance sector, with Argus Group (Holdings) Ltd down 0.05 to 3.85, while BF&M Ltd was also down 1.00 to close at 18. Argus saw 10,000 shares trade while BF&M saw 1,040 change hands.

In utilities, Ascendant Group Limited was unchanged after 3,900 shares traded, closing at a steady 5.90.