BCB hits decline
Created: Apr 05, 2008 11:00 AM
Bermuda Commercial Bank Ltd. - warrants dropped more than half of its share value on The Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday.
The bank saw its share price fall $2.75 (52.4 percent) to close on $2.50, with 2,500 shares traded.
Banking proved to be a busy sector, with Butterfield Bank also trading 21,042 shares, but its share value held firm.
The Index, as a whole, was also unchanged at 5,138.97, as a total of $23,542 shares worth $332,247.40 changed hands.
The BSX Insurance Index, meanwhile, slide 0.13 percent to 1,082.12.