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BF&M drops 3.33%

BF&M Ltd fell 3.33 percent (50 cents) on The Bermuda Stock Exchange (BSX) yesterday.The insurer traded 3,000 shares to close at $14.50.Butterfield Bank’s preference shares also dropped 2.8 percent ($35) to $1,215 as 100 shares changed hands.The bank also transacted 28,500 common shares., but its share price held firm at $1.30.Other traders included the Ascendant Group Ltd, which saw 1,100 shares change hands as it opened and closed at $14, and Argus Group Holdings Ltd which transacted 200 shares, but its share value remained unchanged at $4.98.Overall the Index declined 3.49 points (0.3 percent) to 1,154.46 with 32,800 shares worth BD$95,720 and 100 shares worth US$122,011.11 traded.The BSX Insurance Index dropped five points (0.48 percent) to 1,032.