It proved to be a day of losses on The Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday, with no fewer than two companies seeing their share prices fall.

Argus Group Holdings Ltd. dropped 10 cents (one percent) to $9.90, with 2,100 shares traded.

Meanwhile Butterfield Bank declined five cents (0.44 percent) to $11.20, as 46,500 shares changed hands.

The Index dropped 12.52 points (0.35 percent) to 3,535.04, with 48,600 shares worth $543,390 being transacted.

The BSX Insurance Index, however, surged 47.65 points (6.2 percent) to 815.88.