BSX daily trade report
Butterfield shares fall 6.6%
Butterfield Bank shares plunged 6.6 per cent in Bermuda Stock Exchange trading today.
The bank fell $2.45 to close on $34.55 as 8,160 shares changed hands.
On Wall Street, Butterfield’s New York Stock Exchange-listed shares held up better, falling 33 cents, or 0.9 per cent, to close on $35.79.
The bank was the only stock to trade on the BSX and its fall was enough to drive a tumble of 110.19 points, or 5.05 per cent, for The Royal Gazette/BSX Index, which closed on 2,073.17.
The BSX Insurance Index dipped 1.97 points, or 0.1 per cent, to close on 1,892.97.
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