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Local Update

yesterday, closing at $23 on a volume of 15,518. Bermuda Commercial Bank gained 25 cents to close at $9.75 on a volume of 600.

In the day's only other trade, Masters fell by 50 cents to $9.75 on a volume of 324. The Exchange Index ended the day at 1,165.91 -- down by 5.63.

In yesterday's edition, the total value of trading in Bank of Bermuda nine percent notes was incorrectly stated. The correct value was $15,067.