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BNTB bounces back

Butterfield Bank's common shares bounced back after a series of falls over the past few weeks on The Bermuda Stock Exchange (BSX) yesterday.

The shares rose 30 cents (7.1 percent) to $4.50, with 100 shares traded.

Meanwhile, the bank also saw 202 preference shares change hands, but its share price held firm to close the day at $1,200.

As a whole, the BSX climbed 52.42 points (2.42 percent) to 2,216.11, as 100 Bermuda shares worth $450 and 202 US shares worth $241,950 were transacted.

The BSX Insurance Index was also up 15.28 points (1.79 percent) at 865.25.