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Weekly Stocks Update The Bermuda Stock Exchange index gained 65.475 points last week to close at 1,180.02 on the strength of trading in Bermuda Telephone

A total 183,625 shares valued at $3,880,040.13 and bonds worth $20,073.94 traded during the week. A total of 14 issues traded, 10 advancing, one declining and three unchanged in value.

The biggest gainer of the week was Bermuda Telephone, which rose $4 to close at $30 on a volume of 1,620. The only loser was Stevedoring Services Ltd.

which fell 25 cents to close at $4.25 on a volume of 3,232.

Bank of Bermuda rose $1.50 to finish the week at $25.25 on a volume of 130,495. The bank's warrants rose 1 to close at $2 5 on a volume of 1,230.

Bank of Butterfield rose 50 cents to close at $11.75 on a volume of 21,310.

Bermuda Commercial Bank rose 50 cents to close at $5 on a volume of 2,682.

Bermuda Home rose 25 cents to close at $7.75 on a volume of 2,074.

Argus Insurance rose 50 cents to close at $13 on a volume of 8,430. BELCO Holdings rose $13 to close at $217 on a volume of 3,073. Watlington Waterworks rose 50 cents to close at $7 on a volume of 6,070. Bermuda Telephone bond issue rose 25 cents to close at $95.25.

Trading unchanged were BF&M preferred shares at $9 on a volume of 120, and Bermud Press Holdings at $8 on a volume of 3,207, and Bermuda Broadcasting Co.

at $5.50 on a volume of 82.

Biggest gainer: Bermuda Telephone Co. (13.33%) Biggest loser: Stevedoring Services (-5.88%) Highest volume: Bank of Bermuda (130,495) Lowest volume: Bermuda Broadcasting Co. (82)