The Royal Gazette/Bermuda Stock Exchange Index reached another all-time high yesterday gaining 25.66 points yesterday to close at 3,938.81.

Moderate trading saw Belco Holdings gain $1.65 to close at $42 as investors traded in 100 shares and KeyTech Limited rose $1 to close at $13 on volume of 200 shares.

Butterfield Bank declined 20 cents to close at $46.30 on volume of 150 shares. Devonshire Industries remained unchanged at $14.95 as 567 shares changed hands and 1,300 Argus Group Holdings changed hands to remain unchanged at $13. The total value of the shares bought and sold on the BSX yesterday was $39,121.65 and the overall volume of shares was 2,317 shares.