The Royal Gazette/BSX Index fell by nearly one per cent last week, as the share prices of five local companies fell.

The index closed the five days of trading down 12.91 points, or 0.94 per cent, at 1,365.85.

The biggest fall was that of Bermuda Press (Holdings) Ltd, which owns this newspaper, as well as commercial printing, retail and real estate interests. BPH shed $1, or 12.5 per cent, to close the week at a 52-week low of $7 on the trading of 200 shares.

BF&M Ltd also experienced a significant fall, dropping $1.25, or 6.6 per cent, as 7,940 shares changed hands. The insurer closed the week on $17.75.

Fellow insurer Argus Group Holdings Ltd also fell, dipping ten cents, or 2.6 per cent, to close on $3.80, as 13,600 shares were exchanged.

Ascendant Group Ltd, owner of electricity company Belco, slid 15 cents, or 2.5 per cent, to close the week on a new 52-week low of $5.75.

Watlington Waterworks also slipped five cents, or 0.3 per cent, to $16.80,