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Bank drives Bermuda stocks down

The Royal Gazette/Bermuda Stock Index yesterday fell by 17.53 points to close at 3,200.95 points.Kentucky Fried Chicken Bermuda Ltd. saw the biggest volume with investors buying and selling 4,400 shares, and pushing the price up 50 cents to $5.Belco Holdings saw 800 of its shares change hands, as the price gained five cents to finish at $40.05.

The Royal Gazette/Bermuda Stock Index yesterday fell by 17.53 points to close at 3,200.95 points.

Kentucky Fried Chicken Bermuda Ltd. saw the biggest volume with investors buying and selling 4,400 shares, and pushing the price up 50 cents to $5.

Belco Holdings saw 800 of its shares change hands, as the price gained five cents to finish at $40.05.

In the financial services sector, the Bank of Butterfield was the only listed company to see any activity with 550 shares moving at a price drop of 45 cents to $43.50.