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BCB declines 20%

Bermuda Commercial Bank Ltd. dropped 20 percent ($1.50) to $6 on The Bermuda Stock Exchange Index (BSX) yesterday.

The bank traded 466 shares during the day.

Argus Group Holdings Ltd. also slid 2.17 percent (20 cents) to $9, with 8,400 shares changing hands.

But Butterfield Bank's common shares rose 2.94 percent (10 cents) to $3.50, as 37,300 shares were transacted.

KeyTech Ltd. also traded 500 shares, but its share price held firm at $9.95.

The Index, as a whole, dipped 5.51 points (0.27 percent) to 2,012.68, with 46,666 shares worth $210,686 changing hands.

The BSX Insurance Index, however, was up 10.52 points (1.12 percent) to 944.98.