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Argus jumps nearly 10%

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.

Strong move: Argus shares gained 32 cents on the BSX

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Published June 02, 2016 at 8:01 pm (Updated June 02, 2016 at 8:01 pm)

Argus jumps nearly 10%

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