Butterfield Bank dropped five cents (0.3 percent) to close at $17.65 on The Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday.

The bank also traded 28,252 shares throughout the day.

Overall, the Index was down 8.79 points (0.17 percent) at 5,145.85, with a total of 28,252 shares worth $498,652.80 changing hands.

The BSX Insurance Index also fell by 12.95 points (1.21 percent) to finish on 1,053.27.