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Insurance stocks up

Three stocks climbed as the Royal Gazette / Bermuda Stock Exchange advanced 27.87 points (0.53 percent) to close at 5,251.65.

Insurance group BF&M enjoyed the biggest gain, improving 65 cents (3.5 percent) after 400 shares were traded, to close at $19.15.

In the same sector Argus Group put on 50 cents (3.3 percent) per share as 300 changed hands to close at $15.50.

The other mover on the day was Bermuda Commercial Bank which saw a 25 cents (2.4 percent) improvement in its share value after 700 were traded, closing at $10.75.

The only other activity was in shares of Butterfield Bank where 2,310 changed hands but without affecting the closing price of $62, currently a 52-week high for the stock.

Volume of shares traded was 3,710, representing a value of $163,025.