Butterfield Bank saw its share price rise by 25 percent ($1) to its highest level in more than a month, on The Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday.

The bank, which had fallen below the $4 mark this month, added to its 50-cent increase last Friday, to close the day at $5, with 28,250 shares traded.

But Argus Group Holdings Ltd. slid 10 cents (1.42 percent) to $6.90, as 2,000 shares changed hands.

The only other trader was Bermuda Commercial bank Ltd., which saw 700 shares transacted.

The Index, as a whole, rose 170.95 points (8.13 percent) to 2,274.78, with 30,950 shares worth $161,675 traded.

The BSX Insurance Index fell 0.16 points (0.02 percent) to 799.57.