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Argus shares fall 8.4% on BSX

Shares of Argus Group Holdings Ltd slumped 8.4 per cent in Bermuda Stock Exchange trading.

The insurer slid 31 cents to close on $3.40, as 112,860 shares changed hands.

Butterfield Bank climbed 50 cents, or 1 per cent, to close on $50, as 12,500 of its shares traded. In New York, Butterfield's US-listed shares gained $1.23, or 2.4 per cent, to close on $51.10.

Ascendant Group Ltd also traded. The Belco owner remained unchanged on $16.45 as 10,100 shares were exchanged.

The Royal Gazette/BSX Index climbed 16.29 points, or 0.58 per cent, to close the day on 2,821.23.

The BSX Insurance Index climbed 9.23 points, or 0.54 per cent, to close on 1,727.13.

Shares of Butterfield Bank rose 1 per cent on the BSX

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Published September 19, 2018 at 6:36 pm (Updated September 19, 2018 at 6:36 pm)

Argus shares fall 8.4% on BSX

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