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BCB hits decline

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.