The Royal Gazette/Bermuda Stock Exchange Index lost 12.57 points yesterday to close at 3,297.98.

Butterfield Bank fell 25 cents to close at $41.25 after investors traded 1300 shares.

Devonshire Industries - the parent company of Bermuda Paint - gained 50 cents and closed at $11 on 2000 trades.

Belco Holdings Ltd. was the only other stock to see movement. It closed down 20 cents at $41.80 after investors traded 125 shares.