Butterfield Bank slipped back further again as its share price dropped 50 cents (9.09 percent) to $5 on The Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday.

The bank traded 94,100 shares throughout the day.

Argus Group Holdings Ltd. also saw its share value plummet 55 cents (6.83 percent) to $7.50, as 2,000 shares changed hands.

The only other trader was Belco Holdings Ltd., with 25 shares being transacted, but its share price held firm at $15.

As a whole, the Index declined 108.19 points (4.58 percent) to 2,253.95, with 96,125 shares worth $485,925 traded.

The BSX Insurance Index, however, ended the day up 22.22 points (3.03 percent) at 755.01.