Butterfield shares fall 6.6% in New York – The Royal Gazette | Bermuda News, Business, Sports, Events, & Community

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Butterfield shares fall 6.6% in New York

No shares traded on the Bermuda Stock Exchange, as The Royal Gazette/BSX Index remained unchanged on 1,572.57.

The US-listed shares of Butterfield Bank slid $1.26, or 6.59 per cent, to close on $17.86 on the New York Stock Exchange. The bank has fallen by about 47 per cent over the past month, as investors have fled amid the pandemic crisis.

Butterfield last traded at $19 on the BSX.

The BSX Insurance Index dived 104.67 points, or 8.53 per cent, to close on 1,122.26.

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Published March 19, 2020 at 9:00 am (Updated March 19, 2020 at 9:07 am)

Butterfield shares fall 6.6% in New York

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