The Royal Gazette/Bermuda Stock Exchange index gained 13.678 or 0.49 percent last week to close at 2,766.60. A total of 22,671 shares worth $541,239 were traded.

The Bank of Bermuda gained $1 or 2.22 percent, closing at $46 after 6,949 shares changed hands. The Bank of Butterfield fell 75 cents or 2.16 percent to close at $34 after 200 shares were traded LOM Holdings Ltd. gained 30 cents or 10 percent to close at $3.30 after 1,500 shares were traded. Argus Insurance fell 45 cents or 1.96 percent to close at $22.50 after 700 shares were traded. BF&M Ltd. gained 50 cents or 4.17 to close at $12.50 on volume of 12,047 shares.