50 cents to close at $16.25 yesterday on the Bermuda Stock Exchange. Argus Royal Gazette Staff Created: Jan 12, 1999 10:00 AM The index gained 10.14 points to close at 1,556.40 on a volume of 15,712 shares valued at $396,790. Related Stories Insurance M&A activity may be on horizon Teenager launches vegetable-garden business Institute of Directors launch new website Meritus Trust acquires Lepercq Related Media