Shares of Butterfield Bank improved 25 cents, or 0.7 per cent, to $34.25 after 2,858 traded on The Royal Gazette/BSX Index.

On the New York Stock Exchange, the bank’s shares were up 77 cents, or 2.25 per cent, at $35.05.

The Royal Gazette/BSX Index was up 12.36 points, or 0.57 per cent, at 2,193.96, while the BSX Insurance Index rose 16.01 points, or 0.98 per cent, to 1,649.06.

Meanwhile, Argus Group Holdings Limited said shareholder Equilibria Capital Management Limited has acquired a beneficial interest of 15.36 per cent of the company’s securities.

One Communications Ltd said it repurchased 500 shares of its shares for cancellation at a price of $4.10 on January 8, and repurchased a further 138,874 shares for cancellation on January 11, at an average price of $3.98.