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KFC is big fry

Kentucky Fried Chicken (Bermuda) proved to be the big fry on the Royal Gazette/Bermuda Stock Exchange Index (BSX) last week.

It's share price soared 16.67 percent ($1) to close up at $7, with 2,000 shares changing hands, despite the company reporting a near $100,000 drop in half-year profits.

Other big movers included BF&M, whose value rose 75 cents (4.11 percent) a share for a closing total of $19, as 5,100 shares were traded.

Meanwhile Bermuda Aviation Services, Belco Holdings and Bermuda Commercial Bank also enjoyed significant increases of 25 cents (four percent), 50 cents (2.44 percent) and 25 cents (2.13 percent).

Going in the opposite direction, Butterfield Bank lost 30 cents (1.45 percent) off its share value, with 134,747 shares traded.

Overall, the Index closed down 23.511 points (0.46 percent) at 5,120.50, as 155,673 shares worth $3,099,588.80 changed hands.