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Butterfield steady on high volume

Unchanged: The Royal Gazette/BSX Index did not move despite strong trading activity in Butterfield shares

The Bank of Butterfield’s share price remained at $23.50 in Bermuda Stock Exchange trading today, as more than 24,000 of its shares changed hands.

On the New York Stock Exchange, Bank of Butterfield shares rose 5 cents to $24.55.

The bank’s preference shares rose $21, or 2 per cent, to $1,051 after ten shares sold.

The Royal Gazette/BSX Index closed unchanged at 1,542.77.

The BSX Insurance Index went up 1.59 points, or 0.10 per cent, to 1,659.50.