Bank of Butterfield shares fell 22 cents after 41,000 of its shares changed hands on The Royal Gazette/BSX.

The 11.8 per cent fall left the bank’s price at $1.65.

A total of 600 shares in Bermuda Aviation Services also sold, leaving the firm 15 cents (4.8 per cent) down at $3.

Bermuda Press (Holdings), the parent company of The Royal Gazette, was unchanged at $7 after 200 shares traded.

The Royal Gazette/BSX closed 99.26 points down (7.62 per cent) at 1,203.20.

The BSX Insurance Index ended the day at 1,572.49 — up 2.07 points (0.15 per cent).