Exchange recovers
advanced to help push the Index through the 1100 mark for the first time since early January.
Bank of Bermuda led the way, up 37.5 cents during the week to close at $20 on volume of 17,370.
And the Bank of Butterfield gained 12.5 cents to close at its high for the year of $12.625 on volume of 1,666 shares.
The gains helped push the Index up to 1103.92, a gain of 11.46 points or 1.03 percent for the week, to reach its highest point since January 9.
Other gainers for the week included; BF&M, up 12.5 cents to close at $7 on volume of 2,904, and Bermuda Home preferred, up 12.5 cents to $11.125 on volume of 200.
Issues closing unchanged were; Bermuda Home, $6.875, 8,085; Hemisphere preferred, $5.75, 3,800; Chips, $6, 2,500; and Bank of Bermuda warrants, $3, 1,666.
The only issue trading lower were Bank of Bermuda 9%Sub. US$ Cap. Nts. 2001, with 640 units trading down 25 cents to $102.75.
Share volume for the week was $37,561 with a share value of $546,328. Bond volume was 640 units worth $65,795.
WEEKLY SUMMARY Biggest gain (%): Bank of Bermuda 1.9% Biggest fall: BkBda 9% US$ notes: -0.24% Highest Volume: Bank of Bermuda (17370) Lowest Volume: Bermuda Home pref. (200)
