Banks busy on BSX
Created: Jul 09, 2010 11:00 AM
Banking proved to be the busiest sector on The Bermuda Stock Exchange (BSX) yesterday, with Butterfield Bank and Bermuda Commercial Bank Ltd. both trading big volumes of shares.
Butterfield Bank saw 5,000 shares change hands, but its share price remained unchanged at $1.50, while Bermuda Commercial Bank transacted 1,000 shares worth $10 each.
Overall, the Index opened and closed at 1,278.67, with 6,000 shares worth $17,500 traded.
The BSX Insurance Index was up nine points (0.98 percent) at 925.