BSX daily trade report
Butterfield falls on BSX, gains on NYSE
Butterfield Bank shares moved in opposite directions in Hamilton and New York today.
In Bermuda Stock Exchange trading, the bank closed down 50 cents, or 1.5 per cent, to $32 as 1,500 shares changed hands.
But the bank’s New York Stock Exchange-listed shares had a markedly better day, climbing 95 cents, or 3 per cent, to close the day on $32.71.
Butterfield was the only stock to trade as The Royal Gazette/BSX Index fell 22.49 points, or 1.1 per cent, to 1,960.3.
The BSX Insurance Index gained 64.25 points, or 3.6 per cent, to close on 1,863.92, as reinsurers mounted a relief rally on news on reduced insured loss estimates related to Hurricane Irma.
Noon update: Maria a ‘potential threat’
Fireminds to expand with major US investment
Bermudian model targets top title
Caines on way to achieving ambition
Helping mental health sufferers
Call for public to help in at-risk areas
Hope for jobs through sports clubs
Burt and Simmons attend conference
Take Our Poll
- What will be the best way to create needed new jobs?
- Attract more international companies
- Grow the population
- Reduce the number of non-Bermudian workers
- Develop new business sectors other than international business and tourism
- Retrain the workforce
- Total Votes: 5529
- Poll Archive