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Argus jumps nearly 10%

Strong move: Argus shares gained 32 cents on the BSX

Insurance firm Argus jumped 32 cents, or 9.7 per cent, in Bermuda Stock Exchange trading today.

The company rose after 21,000 shares changed hands, leaving its price at $3.63.

A total of 7,482 shares in the Bank of Butterfield traded, with its price unchanged at $1.62.

The Royal Gazette/BSX Index closed up 6.40 points, or 0.55 per cent, at 1,178.60.

Ascendant Group, parent company of electricity provider Belco, was also unchanged at $5.50 after 772 shares traded.

The BSX Insurance Index ended the day up 2.57 points, or 0.15 per cent, at 1,684.35.