Argus bounces back
Created: Feb 02, 2011 12:00 AM (Updated: Feb 02, 2011 08:30 AM)
Argus Group Holdings Ltd. bounced back from its 25 percent drop on Monday, rising 9.75 percent (40 cents) on The Bermuda Stock Exchange (BSX) yesterday.The insurer traded 2,600 shares to close at $4.50.KeyTech Ltd. also climbed 9.9 percent (63 cents) to $6.99, with 10,000 shares changing hands.Butterfield Bank, meanwhile, transacted 20,000 common shares and 20 preference shares, but their prices remained unchanged at $1.30 and $225 respectively.The Index, as a whole, rose 15.16 points (1.33 percent) to 1,159.21, as 37,600 shares worth BD$178,235 and 20 shares worth US$24,717.78 were traded.The BSX Insurance Index was also up 11 points (1.07 percent) at 1,043.