Log In

Reset Password

Butterfield stock price falls

The Royal Gazette/BSX Index finished the week 10.99 per cent lower

The RG/BSX Index closed the week at 2,187.54, down 240.52 (10.99 per cent) after Bank of Butterfield share price plummeted $4.50 (13 per cent) on the Bermuda Stock Exchange, finishing at $30 after the trading of 8,200 shares.

Also finishing lower was LOM Financial Limited, down five cents (one per cent) to $5.10 on trading of 25,000 shares.

Insurance stocks were the other movers, with Argus Group Holdings Ltd. finishing at $5.80, up five cents (0.9 per cent) on volume of 14,457; and, BF&M Ltd. unchanged at $18.00, after 2,196 shares changed hands.

The bulk (13,500) of the Argus shares traded ($78,300) Friday, while 1,034 US dollar stocks (US$5,179.65) also were sold.

Meanwhile, in New York Butterfield fell back $1.75 (5.78 per cent) to close at $28.55.

You must be Registered or to post comment or to vote.

Published March 17, 2023 at 5:57 pm (Updated March 17, 2023 at 8:27 pm)

Butterfield stock price falls

What you
Need to
1. For a smooth experience with our commenting system we recommend that you use Internet Explorer 10 or higher, Firefox or Chrome Browsers. Additionally please clear both your browser's cache and cookies - How do I clear my cache and cookies?
2. Please respect the use of this community forum and its users.
3. Any poster that insults, threatens or verbally abuses another member, uses defamatory language, or deliberately disrupts discussions will be banned.
4. Users who violate the Terms of Service or any commenting rules will be banned.
5. Please stay on topic. "Trolling" to incite emotional responses and disrupt conversations will be deleted.
6. To understand further what is and isn't allowed and the actions we may take, please read our Terms of Service
7. To report breaches of the Terms of Service use the flag icon