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Tough day on BSX

Butterfield Bank and Bermuda Aviation Services (BAS) both lost out on the Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday.

The bank dropped 20 cents (1.1 percent) to close at $17.50, with 60.820 shares traded.

BAS declined by the same amount (3.2 percent) to finish on $6.05, as 5,000 shares changed hands.

Argus Group also traded 3,100 shares, but its share price remained unchanged at $15.50.

Overall, the Index was down 33.80 points (0.70 percent) at 4,796.91, with a total of 68,920 shares worth $1,186,044.30 traded.

The BSX Insurance Index also fell, this time by 0.07 percent to close at 1,095.51.