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Belco shares drop

Belco Holdings Ltd. saw its share price drop 95 cents (4.5 percent) to close at $20.30 on The Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday.

The utilities company also traded 676 shares throughout the day.

Butterfield Bank was the only other company to experience any trading, with 35,451 shares changing hands.

The Index, as a whole, was down 17.47 points (0.34 percent) at 5,124.94, as 36,127 shares worth $651,896.55 were transacted.

The BSX Insurance Index, meanwhile, inched up 0.072 percent to 1,127.91.