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Local Update

Friday. Bank of Butterfield stock was the only riser, gaining 50 cents to close at $33 on volume of 540. The Bank of Bermuda fell by $3 to $22.50 on volume of 1,523.

Belco dropped by 25 cents to $20.50 on volume of 141 and BF&M's nine percent preference stock dropped by $1 to $115 on volume of 6,333.

Bermuda Aviation Services traded unchanged at $3.50 on volume of 900 shares.

Shares and bonds worth $1.908 million were traded on the Exchange last week.