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Stock Exchange falls

The Royal Gazette/Bermuda Stock Exchange Index lost ground for a second day as Belco shares fell.The Index closed down 0.39 points to 2,221.44 on volume of 7,230 shares worth $214,271.Belco closed down 50 cents to $31.50 on volume of 6,400 shares, offsetting a 10 cent rise in Bank of Butterfield shares, which closed at $32.60 on volume of 530.

The Royal Gazette/Bermuda Stock Exchange Index lost ground for a second day as Belco shares fell.

The Index closed down 0.39 points to 2,221.44 on volume of 7,230 shares worth $214,271.

Belco closed down 50 cents to $31.50 on volume of 6,400 shares, offsetting a 10 cent rise in Bank of Butterfield shares, which closed at $32.60 on volume of 530.