The Royal Gazette/Bermuda Stock Exchange Index dropped more than 20 points as two stocks retreated in light but active trading.

The Index fell 21.41 points or 0.44 percent to 4,810.29 as Butterfield Bank fell 25 cents to $56 on volume of just 323 shares.

Bermuda Commercial Bank was unchanged at $9 with 2,700 shares traded, while BCB's warrants also held at $1 on volume of 900.

Bermuda Container Line slumped $1.50 or 1.1 percent to $12 on volume of $1.50 while KeyTech was unchanged at $15.55 on volume of 2,300 shares.

A total of 10,423 shares worth $129,453 were traded.