Argus shares inch higher on BSX
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.