The Royal Gazette/Bermuda Stock Exchange Index fell 45.107 points last week to close at 4,893.29.

During a light week of trading, Watlington Waterworks was the only issue to advance, gaining 50 cents to close at $14 as investors traded in 200 shares.

BF&M fell $1 to close at $16.25 on volume of 20,400 shares, Butterfield Bank fell 50 cents to close at $56 on volume of 4,896 shares and Bermuda Commercial Bank Warrants fell 50 cents to close at $1.25 on volume of 2,800 shares.

KeyTech also declined 25 cents to close at $15.50 as 7,900 shares changed hands.

Argus traded in 3,024 shares to close unchanged at $14.50, MediaHouse traded in 600 shares to close unchanged at $6.55 and Belco traded in 6,000 shares to close unchanged at $27.50

The total value of the shares bought and sold on the BSX last week was $967,469.50 and the overall volume of shares was 45,620.