BSX falls 27 points :WEEKLY STOCKS UPDATE
points, or 2.96 percent, last week.
Four financial institutions' issues fell.
The leading decliner was Bermuda Commercial Bank, whose stock closed down 17.65 percent, or 75 cents, at $4.25 -- 52-week low. The decline came despite a healthy profit increase announced a week earlier.
Bank of Bermuda, the most heavily weighted part of the index, dropped 87.5 cents closing at $17.125 while Bank of Butterfield was down 25 cents at $9.50.
Bermuda Home preferred was down $1 at $10.50 on low volume. Home's common stock gained 25 cents closing at $6.75.
In other trading, Bermuda Computer Services fell $1.50 to $10.25, while TeleBermuda and Belco each gained 25 cents, closing at $8.25 and $19.50 respectively.
Telco traded unchanged.
WEEKLY SUMMARY Biggest gain (%): Bermuda Home ( 3.7%) Biggest loss (%): Bermuda Commercial Bank (-17.65%) Highest volume (shares): Bank of Bermuda (15,350) Lowest volume (shares): Bermuda Home pref. (14)
