Bank shares fall on BSX and NYSE
The RG/BSX Index fell 100.77 (3.93 per cent) to close at 2,465.21, as there were three losers out of the four issues trading on the Bermuda Stock Exchange.
Somers Limited closed at $19, up 99 cents (5.5 per cent), with 100 shares trading.
Argus Group Holdings Ltd. fell a penny (0.2 per cent), closing at $6.10 as 400 shares traded. Bermuda Aviation Services Ltd was down 20 cents (16 per cent) to $1.05 after 5,300 shares exchanged hands.
Bank of N.T. Butterfield Ltd. fell $2 (5.4 per cent) to close at $35 on volume of 163 shares.
Butterfield shares also fell on the New York Stock Exchange, dropping 53 cents (1.46 per cent) and closing at $35.88.