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Argus tumbles 9.2%

Argus Group Holdings Ltd. slipped 9.22 percent (58 cents) to $5.71 on The Bermuda Stock Exchange (BSX) on Wednesday.

The insurer traded 1,240 shares during the day.

But in contrast BF&M Ltd. rose 1.84 percent (24 cents) to $13.25, with 3,000 shares changing hands.

Butterfield Bank was the only other trader, transacting 1,850 shares, but its share price held firm at $1.42.

The Index, as a whole, fell 8.89 points (0.71 percent) to 1,238.58, as 6,090 shares worth BD$49,470.50 and 1,400 shares worth US$15,400 were traded.

The BSX Insurance Index was, however, up nine points (0.89 percent) at 1,019.