Bad week for stocks
Created: Dec 16, 1996 10:00 AM
issues fell and only one gained.Staples preferred led declines dropping 75 cents to close at $8.Other declines included Bermuda Home, Bank of Bermuda, BF&M preferred, Belco and Masters.
issues fell and only one gained.
Staples preferred led declines dropping 75 cents to close at $8.
Other declines included Bermuda Home, Bank of Bermuda, BF&M preferred, Belco and Masters.
Bermuda Commercial Bank, the only gainer, closed up 37.5 cents at $4.625.
Devonshire Industries and Bermuda Government's 6.5 percent fixed income issue were unchanged.
The index was down 2.51 points to 929.96.
WEEKLY SUMMARY Biggest gain (%): Commercial Bank ( 8.1%) Biggest loss (%): Staples (-9.4%) Highest volume (shares): Bank of Butterfield (35,109)
