Butterfield Bank's common shares dropped 1.25 percent (five cents) to $3.95 on The Bermuda Stock Exchange Index (BSX) yesterday.

The bank traded 554 shares during the day.

Overall, the Index dipped 8.74 points (0.42 percent) to 2,095.82, as 554 shares worth $2,185.60 changed hands.

The BSX Insurance Index, meanwhile, rose 8.34 (0.88 percent) to 951.09.