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Argus shares inch higher on BSX

Argus shares gained ground in BSX trading

Shares of Argus Group Holdings Ltd gained 0.3 per cent in Bermuda Stock Exchange trading.

The insurer rose one cent to close on $3.22 as 13,000 shares changed hands.

Argus was the only domestic-board stock to trade as The Royal Gazette/BSX Index gained 0.2 points, or 0.01 per cent, to close on 1,895.72.

The US-listed shares of Butterfield Bank fell 30 cents, or 1.06 per cent, to close on $27.94 on the New York Stock Exchange as 145,103 shares were traded. The bank last traded at $26.10 on the BSX.

The BSX Insurance Index gained 3.3 points, or 0.22 per cent, to close on 1,481.96.

For the week, the index gained 1.28 per cent, reflecting a 3.5 per cent gain for Butterfield over the five days and a 19.5 per cent fall for Argus.

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Published November 07, 2020 at 12:17 am (Updated November 07, 2020 at 12:17 am)

Argus shares inch higher on BSX

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