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Bank falls 7.2% for the week on the BSX

Domestic trading lay dormant on the Bermuda Stock Exchange, as the RG/BSX Index closed unchanged at 2,462.14 for the day.

But for the week, the Index was down 148 points (6.01 per cent), pulled down partly by Bank of N.T. Butterfield Ltd, which fell $2.75 (7.2 per cent) closing at $35.25, on trading of just 318 shares.

Also down was LOM Financial Ltd, off by 10 cents, closing at $5.15 after 40,000 shares traded.

The only other movement for the week was in the stock of Argus Group Holdings Ltd, which gained a penny (0.2 per cent) to $6.40 on the sale of 20,355 shares.

On the New York Stock Exchange, Butterfield fell 18 cents (0.5 per cent) to close at $35.76.

Another quiet day on the Bermuda Stock Exchange as the RG/BSX Index slides more than six per cent for the week

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Published March 11, 2022 at 5:56 pm (Updated March 11, 2022 at 7:32 pm)

Bank falls 7.2% for the week on the BSX

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