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Local stocks gain for week

The Royal Gazette/Bermuda Stock Exchange Index gained 22.440 points for the week ending June 17 to close at 3,322.05. Butterfield Bank was the biggest mover of the week with investors trading 7945 shares and pushing up the price 50 cents to close the week at $41.75. Bermuda Bakery saw 300 shares move last week at an unchanged price of $65. Devonshire Industries -- the parent company of Bermuda Paint -- close up 30 cents to $11 on 3900 trades. BELCO Holdings Ltd. was the only other stock to record movement with investors trading 425 shares at an unchanged price of $42.