The Royal Gazette/Bermuda Stock Exchange Index fell 67.60 points or 2.80 percent on Monday to close at 2,348.24. A total of 154,420 shares worth $4,927,920 were traded.

The biggest loser for the day was the Bank of Bermuda which fell $2.50 or seven percent to close at $33 on volume of just 100 shares.

The Bank of Butterfield gained $0.50 or 1.5 percent to close at $33.50 on huge volume of 151,800 shares.

LOM (Holdings) Limited fell 50 cents or 16.7 percent to close at $2.75 on volume of 2,500 shares.

The only other issue to be traded was 20 shares of KeyTech which remained unchanged at $43 at the end of the day.