The Royal Gazette/Bermuda Stock Exchange index dipped yesterday as the Bank of Butterfield shares lost ground.

The index dropped 13.57 points to 2,757.29 after Bank of Butterfield shares lost 50 cents to close at $39.

The only other share to change price was KeyTech's preference shares, which lost 15 cents to close at $9.85.

BF&M shares traded unchanged at $10. A total of 9,168 shares worth $179,961.70 changed hands yesterday.