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LOCAL UPDATE

or 1.20 percent to close at 994.88 yesterday.Bank of Butterfield gained 37.5 cents to close at $11 on volume of 2,200 while Bank of Bermuda rose 25 cents to close at $17.50 on volume of 1,355.

or 1.20 percent to close at 994.88 yesterday.

Bank of Butterfield gained 37.5 cents to close at $11 on volume of 2,200 while Bank of Bermuda rose 25 cents to close at $17.50 on volume of 1,355.

Belco lost 50 cents to close at $18.50 on volume of 1,040 while Bank of Bermuda 9% US$ nts.'01 closed down 25 cents at 102.25 on volume of 90,000 units. Bond value was $92,025.

Bermuda Press Holdings traded unchanged at $8 on volume of 856.

Share volume for the day was 5,951 with a share value of $115,471.