Insurance firm BF&M dropped 50 cents to $21 on The Royal Gazette/BSX Index.

The fall, equal to 2.3 per cent, came after 600 shares traded.

Telecoms company One Communications also dropped, down 30 cents, or 10.7 per cent, to $2.50 after 20,500 shares changed hands.

And Bermuda Press (Holdings), the parent company of The Royal Gazette, fell one cent, or 0.1 per cent, to $8.50 after 800 shares sold.

On the New York Stock Exchange, the Bank of Butterfield also dropped one cent, or 0.03 per cent, to $34.03.

The Royal Gazette/BSX Index closed at 2,041.35, down 7.96 points, or 0.39 per cent.

The BSX Insurance Index ended the day down 5.65 points, or 0.31 per cent, at 1,842.09.