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BF&M shares slip 2%

Insurer BF&M Ltd fell two percent in Bermuda Stock Exchange trading today.

Butterfield Bank was the most heavily traded stock, with 206,431 of its shares changing hands as the price remained on $1.99.

BF&M was the only stock to change value in today’s trading, slipping 35 cents to $16.90, as 2,000 shares were traded.

Ascendant Group Ltd, owner of electricity provider Belco, remained on $10 as 15,000 shares traded.

The Royal Gazette/BSX Index fell 2.41 points, or 0.17 percent, to close on 1,418.61.

The BSX Insurance Index gained 0.94 of a point, or 0.07 percent, to close on 1,383.