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Belco on the slide

Belco Holdings Ltd. slid 50 cents (3.22 percent) to $15 on The Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday.

The utilities company traded 962 shares throughout the day.

Argus Group Holdings Ltd. was also down five cents (0.49 percent) at $10, with 1,000 shares changing hands.

The only other traders were BF&M Ltd. (200 shares) and Butterfield Bank (20), but their share prices remained unchanged.

The Index, as a whole, dropped 11.03 points (0.32 percent) to 3,410.41, as 2.182 shares worth $27,944 were transacted.

The BSX Insurance Index, however, finished up 7.22 points (0.83 percent) at 866.9.