The Royal Gazette/Bermuda Stock Exchange Index fell 32.01 points or 0.96 percent yesterday to close at 3,319.36.

Bank of Butterfield shares fell $0.50 or 1.2 percent to close at $42 on volume just under 5,000 shares. The only other issue to trade was Belco Holdings Ltd. which fell $1.05 or 2.5 percent to close at $41.20 on volume of 2,900 shares.