The Royal Gazette/Bermuda Stock Exchange Index fell 54.065 points last week to close at 4,347.43.

Butterfield Bank fell 50 cents to close at $55.50 on volume of 7,496 shares, Argus fell 50 cents to close at $14 as 600 shares changed hands and KeyTech Limited also lost 50 cents to close at $12.50 on volume of 2,000 shares.

BF&M declined 25 cents to close at $17.25 on volume of 200 shares and Bermuda Aviation Services fell 30 cents to close at $6 as 480 shares traded.

Masters was the only issue to advance, gaining $1 to close at $16 as investors traded in 100 shares.

Belco was unchanged at $39 on volume of 5,059 shares and Bermuda Commercial Bank held at $8.25 on volume of 200 shares.

The total value of the shares bought and sold on the BSX last week was $656,655.50 and the overall volume of shares was 16,185. Chart:Page 49