Butterfield Bank's preference shares rose $35 (2.91 percent) on The Bermuda Stock Exchange (BSX) yesterday.

A total of 352 shares were traded, closing on $235.

The bank also saw 300 common shares change hands, but their share price held firm at $4.85.

The Index as a whole opened and closed at 2,274.33, with 300 shares worth BD$1,455 and 352 shares worth US$436,657.89 transacted.

The BSX Insurance Index slipped 0.04 points (zero percent) to 1,010.87.