The Royal Gazette/Bermuda Stock Exchange Index closed yesterday at 2,224.73, a decline of 5.51 points or 0.25 percent, on a volume of 9,600 shares.

Bank of Butterfield stock slipped 25 cents, or 0.8 percent, to finish at $33 on a volume of 8,200 shares. Belco Holdings traded 1,400 shares, ending at $30.50.