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Argus shares slide 8.6% on BSX

Shares of Argus Group Holdings Ltd fell more than 8 per cent on high volume in Bermuda Stock Exchange trading.

The insurer slumped 31 cents, or 8.6 per cent, to close on $3.31 as 80,900 shares changed hands.

Fellow insurer BF&M Ltd gained 55 cents, or 2.8 per cent on the trading of 200 shares.

The Royal Gazette/BSX Index fell 2.19 points, or 0.11 per cent, to close on 2,011.01.

The BSX Insurance Index fell 41.64 points, or 2.57 per cent, to close on 1,575.87.

On the New York Stock Exchange, the US-listed shares of Butterfield Bank fell 59 cents, or 1.92 per cent, to close on $30.10. The bank last traded on the BSX at $30.57.

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Published December 22, 2020 at 6:39 pm (Updated December 22, 2020 at 6:40 pm)

Argus shares slide 8.6% on BSX

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