Bermuda Stock Exchange.

The bank dropped 50 cents to close at $6.25 on volume of 2,590 while the rights dropped 75 cents to close at $2 on volume of 37,165.

Bank of Bermuda lost 25 cents to close at $18.75 on volume of 6,294.

Bermuda Aviation Services closed down 12.5 cents at $2.375 on volume of 2,000.

Bermuda Home preferred closed unchanged at $12 on volume of 302 while BF&M closed unchanged at $6.75 on volume of 1,012.

The Exchange Index lost 6.62 points or .63 percent to close at 1,045.42. Share volume was 49,363 with a share value of $232,596.

Watlington Waterworks announced a 3.5 cent per share dividend to shareholders of record June 30 payable July 17.