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BSX climbs 101 points

Butterfield boost: The Royal Gazette/BSX Index climbed 6.2 per cent

The Royal Gazette/BSX Index today rose 101.20 points to 1,737.13 on a huge move higher for Butterfield Bank — though on very low volume.

The index’s 6.2 per cent rise came as Butterfield jumped by $2.25, or 9 per cent, to $27.25 after 800 shares changed hands.

The bank’s price on the New York Stock Exchange dropped 13 cents or 0.45 per cent to $28.60.

BF&M was static at $19.90 after 2,000 shares traded.

The BSX Insurance Index ended the day up 8.07 points, or 0.47 per cent, at 1,710.04.