The Royal Gazette/Bermuda Stock Exchange fell 2.94 points (0.06 percent) to 4,978.29 on a relatively quiet start to the week.

Shares of insurance company BF&M improved 45 cents (2.3 percent) to finish at $19.95 after 2,480 were traded.

The only other movements were down, with Butterfield Bank losing five cents (0.3 percent) to close at $18.90 after 3,972 shares changed hands, and Belco Holdings losing five cents in value per share (0.2 percent) to end at $21.45 after 419 shares were traded.

Twenty shares in KeyTech were exchanged but without affecting the share price of $13.

The total number of shares traded during the day was 6,891, representing a value of $133,623.30.