Log In

Reset Password
BERMUDA | RSS PODCAST

Butterfield shares gain 4.4% on BSX

Butterfield Bank shares gained 4.4 per cent in Bermuda Stock Exchange trading.

The bank added $1.50 to close on $35.50 as 376 shares changed hands.

Butterfield's US-listed shares also gained ground on the New York Stock Exchange, climbing 83 cents, or 2.4 per cent, to close on $36.71.

The most actively traded stock on the BSX was BF&M Ltd. The insurer remained unchanged on $15.50 as 3,896 shares were traded.

Butterfield's gains were enough to drive The Royal Gazette/BSX Index 67.46 points, or 3.1 per cent higher, to close on 2,215.19.

Trading in shares of Ascendant Group Ltd was suspended ahead of the company's afternoon announcement that it was inviting takeover offers.

BSX trading volume totalled 4,272 shares and turnover was $73,736.

The BSX Insurance Index advanced 10.07 points, or 0.68 per cent, to close on 1,496.63.

Bank boost: Butterfield shares rose on the BSX and the New York Stock Exchange

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

Published April 02, 2019 at 9:00 am (Updated April 02, 2019 at 9:10 am)

Butterfield shares gain 4.4% on BSX

What you
Need to
Know
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