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Argus shares fall 7.1%

Four stocks traded on the Bermuda Stock Exchange

Shares of Argus Group Holdings Ltd fell 7.1 per cent in Bermuda Stock Exchange trading.

The insurer slipped 25 cents to close on $3.25, a 52-week low, as 700 shares changed hands.

Butterfield Bank gained 25 cents, or 0.7 per cent, to close on $33.75, on the trading of 210 shares.

Butterfield’s US-listed shares fell 25 cents, or 0.7 per cent, to $34.17 on the New York Stock Exchange.

Ascendant Group was the most actively traded stock, closing unchanged on $16.75 as 9,235 shares changed hands.

One Communications also closed unchanged on $3, as 4,000 shares were traded.

The Royal Gazette/BSX Index gained 6.25 points, or 0.3 per cent, to close on 2,080.14. Trading volume totalled 14,145 shares and turnover was $176,048.75.

The BSX Insurance Index dipped 24.42 points, or 1.58 per cent, to close on 1,519.32.