Two risers and two fallers on the Royal Gazette / Bermuda Stock Exchange resulted in a 35.31 (0.69 percent) drop to 5,083.62.

For a second consecutive day Butterfield Bank shares dropped, this time losing 50 cents (0.8 percent) value to close at $58.75 after 28,300 were traded.

Also in the banking sector 15 shares of Bermuda Commercial Bank were traded without altering the closing price of $9.50.

Shares of West Hamilton improved by 45 cents (8.3 percent) after 300 were exchanged.

And shares of Bermuda Press were lifted 75 cents (5.2 percent) to $15.25 after 400 were traded.

Utility company KeyTech, which enjoyed a large rise in the value of its shares last week, slid 55 cents (3.5 percent ) to $15 after 100 were exchanged.

There was no change in the price of Argus Group share, which remained at $15.50 although 30 were traded.

The total number of shares exchanged on the day was 29,145, representing a value of $1,695,180.