Royal Gazette/Bermuda Stock Exchange Index down 52.174 points to close at 1,564.69 on volume of 21,573 shares.

Bank of Butterfield gained 15 cents to close at $16.65. Bermuda Bakery fell 50 cents to $18.00. Key Tech, the holding company for the Bermuda Telephone Company, rose $2.30 to close at $29.50 and the Corporation of Hamilton fell $5.00 to finish at $100.00.

Shares valued at $513,135.70 and bonds worth $41,249.25 were traded during the week.