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Butterfield slips 1.5%

Butterfield Bank shares pulled back for a second day from a four-year high stock price to close on $2.

The bank fell three cents, or 1.5 percent, in Bermuda Stock Exchange trading, as 57,000 shares changed hands.

Butterfield was the only domestic-board issuer to trade.

The Royal Gazette/BSX Index fell 14.16 points, or 0.99 percent, to close on 1,420.72.

Volume totalled 57,000 shares and turnover was $114,100.

The BSX Insurance Index fell 5.22 points, or 0.37 percent, to close on 1,390.37.