The Royal Gazette/Bermuda Stock Exchange Index reached an all-time high gaining 48.78 points yesterday to close at 3,897.78.

Devonshire Industries rose 70 cents to close at $14.95 on volume of 1,000 shares and Masters Limited gained 25 cents to close at $16.50 as investors traded in 1,000 shares.

Argus also rose $1.81 to close at $13 as 1,000 shares changed hands and Butterfield Bank made a slight loss of 20 cents to close at $46.30 on volume of 367 shares.

The total value of the shares bought and sold on the BSX yesterday was $61,176.70 and the overall volume of shares was 3,367 shares.