The Bermuda Stock Exchange (BSX) slipped to its lowest level since November 2000 yesterday.

The Index dropped 24.07 points (1.25 percent) to 1,894.94, with 30,441 shares worth $104,835.05 traded.

Meanwhile Butterfield Bank's common shares also fell five percent (15 cents) to $2.85 - its lowest point since June 2000, since when the bank has undertaken a stock split.

The bank saw 29,300 common shares change hands.

Bermuda Container Line Ltd., however, rose 2.94 percent (40 cents) to $14, with 500 shares transacted.

The only other trader was the Ascendant Group Ltd., as 641 shares were traded, but its share price held firm at $15.50.

The BSX Insurance Index was up 25.05 points (2.61 percent) at 982.04.