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Argus boosts BSX

The Royal Gazette / Bermuda Stock Exchange rose for the fourth successive day on the back of rising bank and insurance stocks.

In a day of very light trading, Argus Group Holdings Ltd. was the biggest climber, gaining 50 cents (3.6 percent) to close at $14.50, on sale of 100 shares.

The only other mover was Bermuda Commercial Bank Ltd., which picked up 5 cents (0.5 percent) to close on $10, as 600 shares sold.

Twenty-two shares also traded in Butterfield Bank Ltd., which remained unchanged on $57.

The Index closed up 17.71 points (0.36 percent) at 4,976.83. Volume traded amounted to 722 shares, valued at $8,704.