The Royal Gazette/Bermuda Stock Exchange Index fell 5.52 points or 0.21 percent yesterday to close at 2,674.07. A total of 26,460 shares worth $1,134,795 were traded.

The Bank of Bermuda gained 50 cents or 1.1 percent to close at $45 on volume of 23,900 shares. The Bank of Butterfield fell 50 cents or 1.5 percent to close at $33 on volume of 800 shares. Argus Insurance Co. Ltd. fell $1.50 or 7.3 percent to close at $19 on volume of 1,760 shares. No other stocks traded yesterday.