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BSX index down 11% for year

Down year: The Royal Gazette/BSX Index recorded a double-digit percentage decline in 2018

Argus Group shares fell 4.1 per cent on the Bermuda Stock Exchange’s last trading day of 2018.

The insurer fell 15 cents to close on $3.50 on the trading of 2,000 shares on Monday.

The Royal Gazette/BSX Index closed down three points, or 0.15 per cent, to close the year at 1,958.99.

For 2018, the index slipped 11 per cent from where it started at 2,202.19.

On Monday, the BSX Insurance Index gained 13.34 points, or 0.9 per cent, to close on 1,491.88.