The Bank of Bermuda and KeyTech Holdings were the stars of the Royal Gazette/Bermuda Stock Exchange Index last week as both issues enjoyed price increases of more than 18 percent.

The improvements helped to drive the Index to an 8.17 percent increase as it closed up 199.765 points at 2,445.08 on volume of 106,589 shares worth $3.2 million.

The Bank of Bermuda closed at $39, up $6, on volume of just 100 shares. On the Nasdaq, the Bank's shares closed at $33.81 after starting the week at $36 as US markets took a battering.

KeyTech shareholders, whose shares were revalued at $10 after a four-for-one stock split, enjoyed a quick increase as shares rose $1.61 to close at $10.55 on volume of 700 shares.

But the company's bonds, which will soon be converted to preference shares, suffered, falling $5 to close at $104.

Watlington Waterworks was the only equity issue to decline, falling 10 cents to $4.50 on volume of 129 shares.

Bank of Butterfield was unchanged at $31, but saw 101,680 shares trade in by far the highest volume of the week.