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Argus drops 3.67%

Argus Group Holdings Ltd. fell 3.67 percent (21 cents) to $5.50 on The Bermuda Stock Exchange (BSX) yesterday.

The insurer traded 30,500 shares during the day.

Butterfield Bank also dropped 3.57 percent (five cents) to $1.35, with 267 shares changing hands.

The only other trader was the Ascendant Group Ltd., which transacted 500 shares as it declined 3.1 percent (45 cents) to $14.95.

The Index, as a whole, dropped 23.79 points (1.95 percent) to 1,196.28, as 31,267 shares worth $179,316.85 were traded.

The BSX Insurance Index rose two points (0.2 percent) to 1,003.