The RG/BSX Index closed on Monday unchanged at 2,226.67.

Some 1,100 shares in Bank of NT Butterfield & Son changed hands. The stock closed unchanged at $30.

The board of directors of LOM Financial Limited have authorised management to purchase up to 500,000 shares for cancellation, pursuant to Regulation 6.38 of the BSX Listing Regulations, at a price to be determined by them.

LOM said the authorised repurchase represented approximately nine per cent of the overall listing securities of the company, and was approved due to a disparity between the current share price and the current book value of shares.

Overseas, the bank closed down 63 cents (2.13 per cent) at $28.94 on the New York Stock Exchange.