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Argus tumbles 2.5%

Argus Group Holdings Ltd.'s shares fell for the second straight day on The Royal Gazette/Bermuda Stock Exchange (BSX) yesterday.

The insurer dropped 25 cents (2.5 percent) to close at $9.75, with 200 shares changing hands.

Butterfield Bank also declined five cents (0.46 percent) to $10.65, as 4,964 shares were traded.

Overall the Index dropped 18.2 points (0.53 percent) to 3,392.21.

The BSX Insurance Index closed down 12 points (1.38 percent) at 854.88.