The banking sector continued to be hit hardest on The Bermuda Stock Exchange (BSX) yesterday.

Butterfield Bank's common shares dropped 30 cents (6.3 percent) to $4.50, with 2,500 shares traded.

Meanwhile Bermuda Commercial Bank Ltd. saw its shares decline five cents (0.9 percent) to $5.45, as 1,300 shares changed hands.

LOM (Holdings) Ltd. also transacted 2,500 shares.

The Index as a whole slipped 52.93 points (2.35 percent) to 2,194.93, with 6,300 shares worth BD$26,710 and 45,791 shares worth US$518,507.85 traded.

The BSX Insurance Index was also down 3.96 points (0.39 percent) at 1,006.91.