The Royal Gazette/Bermuda Stock Exchange index lost almost half a percent after Bank of Butterfield stock slipped yesterday.

Bank of Butterfield shares fell by 50 cents to close at $32 while Bank of Bermuda shares, which have not traded since Monday, stayed at $43.

No other stocks changed price.

The index closed down 0.43 percent or 11.18 points at 2,580.87 on a volume of 4,171 shares worth $125,594.50. No bonds traded.