Shares of Belco slipped as the Royal Gazette / Bermuda Stock Exchange dipped 9.19 points (0.18 percent) to 5,146.43.

Belco shares lost 50 cents (2.2 percent) to close at $22.50 after 4,400 were traded.

There were no other stock movements, although shares of Butterfield Bank, Argus Group and BF&M were active, but without altering their respective closing prices.

The volume of trading was 6,533 shares, valued at $225,688.