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Shares retreat on BSX

The Royal Gazette/Bermuda Stock Exchange Index fell 25.44 points yesterday to close at 3,807.01.On a day when no gains were made Keytech Limited fell 75 cents to close at $12.25 on volume of 1000 shares and Butterfield Bank fell 20 cents to close at $45.80 as investors traded 4,450 shares. Argus Insurance also declined five cents to close at $26.75 on volume of 300 shares.

The Royal Gazette/Bermuda Stock Exchange Index fell 25.44 points yesterday to close at 3,807.01.

On a day when no gains were made Keytech Limited fell 75 cents to close at $12.25 on volume of 1000 shares and Butterfield Bank fell 20 cents to close at $45.80 as investors traded 4,450 shares. Argus Insurance also declined five cents to close at $26.75 on volume of 300 shares.

The only other issue to change hands was Bermuda Commercial Bank trading in 1,500 shares to remain unchanged at $9.00.

The total value of the shares bought and sold on the BSX on Thursday was $237,617.00 and the overall volume of shares was 7,250 shares.