BCB drops by $2.50
Created: May 08, 2008 11:00 AM
Bermuda Commercial Bank saw its share price drop $2.50 yesterday as it reported a $1 million increase in its net income.
The bank saw 1,000 shares traded and finished the day with a share price of $10, 20 percent lower than what it was in the morning.
BF&M also saw its share price drop. The insurance company finished the day down 95 cents or 4.5 percent with a share price of $20 after 2,300 shares were traded.
Bermuda Commercial Bank - warrants saw its share price rise $1.15 or 35 percent. it closed at $2 after 600 shares were traded.
The Royal Gazette/Bermuda Stock Exchange Index (BSX) slipped 33 points or 0.65 percent after 3,900 shares were traded. it closed at 5,046.
The BSX Insurance index dropped two percent and closed at 1,072.73.