The Royal Gazette/Bermuda Stock Exchange closed down 8.47 at 1,380.15 for the week.

A total of 228,108 shares changed hands for a value of $728,816.00.

Decliners ranged across banking, insurance and utilities.

KeyTech Limited was the biggest decliner, losing 12.5 percent and closing the week at 3.50 after 15,200 shares traded.

Ascendant Group Limited, rose 4.3 percent, closing at 6.00 after 7,700 shares changed hands.

Bank of Butterfield Limited was also up, closing 0.5 percent at 2.00 after 172,908 shares traded.