The Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday took a downturn for the second day running after hitting its peak on Wednesday.

The Index slipped back 57.29 points (1.09 percent) to close on 5,181.03, with 21,566 shares traded and a turnover of $816,942.

Butterfield Bank experienced the biggest change, losing 0.75 cents (1.2 percent) on its share value to finish at $61, trading 10,746 shares in the process.

The Argus Group Holdings Ltd. also saw a negative return on their share price, slipping 50 cents back to $15, following a trade of 10,000 shares.

Elsewhere, the BSX Insurance Index had a bad day, closing on 133.04, down 19.46 points (0.10 percent).