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Argus shares fall 5.3%

Argus shares fell in BSX trading

Insurance firm Argus dropped 25 cents to $4.50 in Bermuda Stock Exchange trading today.

The fall of 5.3 per cent came after 2,000 shares traded.

The Bank of Butterfield was unchanged at $31.50 after 4,300 shares moved.

On the New York Stock Exchange, the bank went up 47 cents, or 1.47 per cent, to $32.38.

One Communications was also unchanged, at $2.60, after 9,000 shares changed hands.

LOM Financial announced that it had bought back 2,000 of its own shares at a price of $2.50 for cancellation.

The Royal Gazette/BSX Index closed down 5 points, or 0.25 per cent, at 1,934.78.

The BSX Insurance Index ended the day up 16.55 points, or 0.90 per cent, at 1,852.95.