Banking was the busiest sector on The Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday, with no fewer than three banks seeing their share price change.

Butterfield Bank led the way, with the launch of its new preference shares, which increased by $60 (5.66 percent) to $1,120 from the opening day of trading on Tuesday, with 689 shares traded.

Next up was LOM (Holdings) Ltd., which saw 306,476 shares change hands, as it dropped five cents (1.4 percent) to $3.50, while Butterfield Bank's common shares also fell five cents (0.91 percent) to $5.40, with 4,227 shares transacted.

Overall, the Index slipped by 9.32 points (0.39 percent) to 2,353.91, as 306,476 shares worth $1,072,666 changed hands.

The BSX Insurance Index, however, rose by 5.52 points (0.69 percent) to 794.29.