Butterfield shares slide 3.8% on BSX
Updated: Oct 16, 2020 06:10 PM
Shares of Butterfield Bank fell 3.8 per cent in Friday’s Bermuda Stock Exchange trading.
The bank dipped $1 to close on $25.50 as 328 shares changed hands.
Butterfield’s US-listed shares gained 61 cents, or 2.42 per cent to close on $25.84 on the New York Stock Exchange.
Insurer BF&M Ltd gained five cents, or 0.3 per cent, to close on $18.05, as 4,400 of its shares were traded.
The Royal Gazette/BSX Index fell 44.59 points, or 2.35 per cent, to close on 1,853.88.
For the week, the index gained 1.19 per cent, driven by a 2 per cent gain for Butterfield and a 0.3 per cent rise for BF&M, offset by a 1.3 per cent drop for One Communications.
The BSX Insurance Index fell 45.48 points, or 3.21 per cent, to close on 1,372.89.
Comments
Published October 16, 2020 at 6:10 pm (Updated October 16, 2020 at 6:10 pm)
What you
Need to
Know
Need to
Know
1. For a smooth experience with our commenting system we recommend that you use Internet Explorer 10 or higher, Firefox or Chrome Browsers. Additionally please clear both your browser's cache and cookies - How do I clear my cache and cookies?
2. Please respect the use of this community forum and its users.
3. Any poster that insults, threatens or verbally abuses another member, uses defamatory language, or deliberately disrupts discussions will be banned.
4. Users who violate the Terms of Service or any commenting rules will be banned.
5. Please stay on topic. "Trolling" to incite emotional responses and disrupt conversations will be deleted.
6. To understand further what is and isn't allowed and the actions we may take, please read our Terms of Service
2. Please respect the use of this community forum and its users.
3. Any poster that insults, threatens or verbally abuses another member, uses defamatory language, or deliberately disrupts discussions will be banned.
4. Users who violate the Terms of Service or any commenting rules will be banned.
5. Please stay on topic. "Trolling" to incite emotional responses and disrupt conversations will be deleted.
6. To understand further what is and isn't allowed and the actions we may take, please read our Terms of Service
7. To report breaches of the Terms of Service use the flag icon
