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Action on the Bermuda Stock Exchange heated up yesterday, with the index putting on almost one and a half percent in value.

A total of 93,871 shares changed hands, with a total value of $1,291,316.Shares in both the Island's major banks weclosed up and the shares of Bermuda Press (Holdings) Ltd., publisher of this newspaper, fell slightly.

A total of 93,871 shares changed hands, with a total value of $1,291,316.

Shares in both the Island's major banks weclosed up and the shares of Bermuda Press (Holdings) Ltd., publisher of this newspaper, fell slightly.

Just 332 ordinary shares of the Bank of Bermuda were traded; the stock's price closed up 40 cents at $29.90. Bank of Butterfield shares saw more action: 74,157 shares were traded, with the stock closing the day 50 cents ahead at $15.50, for a 3.3 percent gain on the day.