The Bermuda Stock Exchange declined 9.44, closing at 1,294.01.

Some 107,663 shares moved, valued at $240,889.30.

The banking sector saw movement with Bank of NT Butterfield Preference Shares closing down $11.90, when five traded at 1188.00. Bank of NT Butterfield Ltd ordinary shares also closed down 0.02, with 102,400 trading at 1.73. Somers Limited saw 5,000 shares trade at 12.00.

In the utilities sector, 66 shares of Ascendant Group Limited moved at 10.20, while 197 shares of KeyTech Ltd changed hands at 5.45.