Argus/BNTB drop – The Royal Gazette | Bermuda News, Business, Sports, Events, & Community

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Argus/BNTB drop

Argus Group Holdings Ltd and Butterfield Bank were the biggest losers on The Bermuda Stock Exchange (BSX) last week.

Argus fell 9.8 percent (45 cents) to $4.15 with 500 shares traded, while Butterfield dropped six percent (eight cents) to $1.26 as 12,462 shares changed hands.

But BF&M Ltd rose 0.9 percent (13 cents) to $14.73 with 3,878 shares transacted and the Ascendant Group Ltd traded 1,900 shares while its share price remained unchanged at $14.50.

Overall the Index declined 49.38 points (4.42 percent) to 1,115.39 as 18,740 shares worth BD$102,867.70 and 29,418 shares worth US$301,404.50 changed hands.

The BSX Insurance Index, however, was up seven points (0.74 percent) at 958.

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Published March 21, 2011 at 10:13 am (Updated March 21, 2011 at 10:12 am)

Argus/BNTB drop

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