Two stocks lost value as the Royal Gazette / Bermuda Stock Exchange dropped 14.25 points (0.28 percent) to close at 5,123.52.

Bermuda Aviation Services stock was five cents (0.8 percent) down after 500 shares were traded, and shares of Belco were 75 cents (3.3 percent) lower at $23 after 1,050 were exchanged.

Also active was Butterfield Bank stock, with 2,100 shares traded but without affecting the closing price of $60.

The volume of stock trades was 3,650, representing a value of $152,112.50.