the Bermuda Stock Exchange.

BF&M jumped 50 cents to close at $7 on volume of 7,528 while BSL gained 50 cents to close at $6.50 on volume of 65.

Bank of Bermuda 9% sub. cap. nts. 2001 gained 25 cents to close at 102.25 on volume of 8,000 units with a value of $8,180.

Bank of Butterfield dropped 12.5 cents to close at $11.50 on volume of 22,498.

The index closed at 1,040.86, down 1.02 points or .10 percent.

Share volume was 30,736 with a value of $321,046.88.

Total value of trading was $329,226.88.