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LOM plunges 11%

LOM (Holdings) Ltd dropped 11.26 percent (40 cents) on The Bermuda Stock Exchange (BSX) yesterday.The financial firm traded 9,500 shares to close at $3.15.The only other trader was Butterfield Bank which saw 42,100 shares change hands, but its share price held firm at $1.30.Overall the Index fell 2.24 points (0.19 percent) to 1,157.88 with 51,600 shares worth BD$84,880 and 500 shares worth US$233.33 transacted.The BSX Insurance Index slipped two points (0.2 percent) to 1,020.