Butterfield shares slump 15% on BSX
Created: Dec 10, 2020 06:36 PM
Shares of Butterfield Bank plunged 15.2 per cent in Bermuda Stock Exchange trading.
The bank dived $5 on the trading of 900 shares to close on $28.
Butterfield’s US-listed shares gained nine cents, or 0.29 per cent, to close on $31.29 on the New York Stock Exchange.
Argus Group Holdings Ltd gained four cents, or 1 per cent, to close on $3.96, as 14,600 shares changed hands.
Butterfield’s slump resulted in a fall of 246.38 points, or 11.54 per cent, for The Royal Gazette/BSX Index, which closed on 1,889.02.
The BSX Insurance Index gained 12.05 points, or 0.75 per cent, to close on 1,616.46.
Comments
Published December 10, 2020 at 6:36 pm (Updated December 10, 2020 at 6:35 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
