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Argus unchanged despite significant trading

Argus Group Holdings Ltd saw significant trading on the Bermuda Stock Exchange, but the insurer’s share price remained unchanged.

Argus closed at $3.92 as 38,500 of the company’s shares changed hands.

Butterfield Bank gained $1.08, or 2.4 per cent, in New York Stock Exchange trading.

The Royal Gazette/BSX Index closed unchanged on 2,471.94. Turnover totalled $150,560.

The BSX Insurance Index fell 10.13 points, or 0.54 per cent, to close on 1,870.1.