Butterfield dips 1.3% amid busy BSX trading – The Royal Gazette | Bermuda News, Business, Sports, Events, & Community

Log In

Reset Password

Butterfield dips 1.3% amid busy BSX trading

Shares of Butterfield Bank dipped 1.3 per cent in Bermuda Stock Exchange trading.

The bank slid 50 cents to close on $39.25 as 1,047 shares traded. Butterfield's US-listed shares fell 18 cents, or 0.45 per cent, to close on $39.64 on the New York Stock Exchange.

BF&M Ltd also fell ten cents, or 0.6 per cent, to close on $16.10 as 1,100 shares changed hands.

One Communications Ltd was the only stock to gain ground, adding ten cents, or 3.4 per cent, to close on $3.

Two other issuers saw substantial trading while their prices remained unchanged.

Ascendant Group, owner of power utility Belco, remained on $20, as 13,235 shares were exchanged.

Bermuda Aviation Services remained at its 52-week low of $1.52 as 20,000 of its shares were traded.

The Royal Gazette/BSX Index fell 21.88 points, or 0.92 per cent to close on 2,360.83.

Trading volume totalled 40,882 shares on the BSX, while turnover was $369,904.75.

The BSX Insurance Index slid 68.8 points, or 4.5 per cent, to close on 1,458.4.

Shares of Butterfield Bank and BF&M fell, while One Communications rose on the BSX

You must be Registered or to post comment or to vote.

Published March 04, 2019 at 6:05 pm (Updated March 04, 2019 at 6:05 pm)

Butterfield dips 1.3% amid busy BSX trading

What you
Need to
1. For a smooth experience with our commenting system we recommend that you use Internet Explorer 10 or higher, Firefox or Chrome Browsers. Additionally please clear both your browser's cache and cookies - How do I clear my cache and cookies?
2. Please respect the use of this community forum and its users.
3. Any poster that insults, threatens or verbally abuses another member, uses defamatory language, or deliberately disrupts discussions will be banned.
4. Users who violate the Terms of Service or any commenting rules will be banned.
5. Please stay on topic. "Trolling" to incite emotional responses and disrupt conversations will be deleted.
6. To understand further what is and isn't allowed and the actions we may take, please read our Terms of Service
7. To report breaches of the Terms of Service use the flag icon