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BSX loses ground

Over $1.5 million of shares traded in a week in which all listed banks and financial institutions lost ground.

Bank of Bermuda stock fell 50 cents to $46.50, Bank of Butterfield overall lost $1.00 to $32.00, Bermuda Commercial Bank lost 50 cents to $8, its warrants shaved 5 cents off to $1.05 and LOM fell 10 cents to $3.90.

Argus Insurance on the other hand gained $2.75 to finish at $25.00 but KeyTech, which owns BTC, Logic and part of Cablevision fell 50 cents to $42.00.

The index fell 20.229 or 0.78 points to 2,588.13 on a volume of 73,645 shares worth $1,551,829.00