The Royal Gazette Bermuda Stock Exchange (BSX) Index dipped slightly last week as more than $1.3 million worth of shares changed hands.

The Index ended Friday on 5,025.43, down by 23.18 points (0.46 percent) for the week. Volume of shares traded totalled 33,223.

Trading activity centred on Butterfield Bank, which announced on Monday that its 2006 profits were up 22.6 percent on 2005. The Bank lost 50 cents (0.85 percent) over the five days of business to close on $58, as 20,424 shares traded.

Bermuda Commercial Bank Ltd. also lost ground, declining 50 cents (5.26 percent) to close on $9, as 5,175 shares traded.

The biggest advancer of the week was West Hamilton Ltd., formerly the Bermuda Bakery, which climbed $10, or 20 percent, to reach $60, as 500 shares traded.

KeyTech Ltd., owner of BTC, was another winner over the week, gaining 50 cents (3.13 percent) to close on $16.50 on the sale of 953 shares.

Belco Holdings Ltd. dipped 1.08 percent, while Bermuda Container Line Ltd. fell 6.35 percent as 100 of its shares traded.

Two shares which remained unchanged but traded busily were Kentucky Fried Chicken Bermuda Ltd. (3,000 shares) and MediaHouse Ltd. (2,531 shares), which stayed at a 52-week high of $6.65.