The Royal Gazette/Bermuda Stock Exchange Index yesterday fell 11.02 points closing at 2,217.77.

Bank of Butterfield shares saw the greatest movement on the exchange with 4,000 shares trading. The bank also posted a 50 cent drop on its share price to close at $30.50.

Argus Insurance traded 200 shares but saw no change to its stock price of $20 while Belco Holdings traded 1,800 shares.

The parent company of Logic Communications, BTC and Mobility - KeyTech - traded 2,500 shares and its stock price held steady at $9.50.