Log In

Reset Password

Argus shares dip 5.2% on BSX

Shares of Argus Group Holdings Ltd fell to a new 52-week low on the Bermuda Stock Exchange.

The insurer, which after the close of trading announced the acquisition of Toronto-based medical case management firm One Team Health, fell 16 cents, or 5.2 per cent, to close on $2.90, as 10,000 of its shares changed hands.

Ascendant Group Ltd also fell. The owner of power utility Belco dipped 51 cents, or 2.4 per cent, to close on $20.49, as 2,000 shares were traded.

The Royal Gazette/BSX Index fell 8.12 points, or 0.35 per cent, to close on 2,300.25.

BSX trading volume totalled 12,000 shares, while turnover was $69,980.

Butterfield Bank's US-listed shares gained 77 cents, or 2.07 per cent on the New York Stock Exchange to close on $38.02. The bank last traded at $38 on the BSX.

The BSX Insurance Index gained 2.51 points, or 0.16 per cent, to close on 1,584.53.

Shares of Ascendant and Argus lost ground in BSX trading

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

Published May 20, 2019 at 6:32 pm (Updated May 20, 2019 at 6:35 pm)

Argus shares dip 5.2% on BSX

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