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Butterfield shares rise 2.1%

Shares of Butterfield Bank moved higher on The Royal Gazette/BSX Index, and the New York Stock Exchange

The Bank of Butterfield went up on both the Bermuda and New York Stock Exchanges.

The bank rose 50 cents, or 2.1 per cent, to $24.50 on The Royal Gazette/BSX Index after 6,300 shares traded.

Butterfield hit $25.03, up 26 cents, or 1.05 per cent, on the New York Stock Exchange.

Back in Bermuda, insurance company Argus rose five cents, or 1.3 per cent, to $4.05 after 5,484 shares sold.

Telecoms firm KeyTech dropped 35 cents, or 11.7 per cent, to $2.65 after 1,100 shares changed hands.

Utilities company Ascendant was unchanged at $6.20 after 53,480 shares moved.

The Royal Gazette/BSX Index closed up 13.69 points, or 0.88 per cent, at 1578.41.

The BSX Insurance Index ended the day down 11.40 points, or 0.69 per cent, at 1647.89.