week at 1,130.71. The Bank of Butterfield was the big riser, climbing by $1 per share to $32 on volume of 4,585. Also going up was Bermuda Commercial Bank, which gained 25 cents to close at $10.50 on volume of 2,732, and the Bank of Bermuda, which went up by 25 cents to close at $20 on volume of 989.

Argus Insurance, which stands to benefit from negative publicity involving BF&M, actually fell by 25 cents to $11.50 on volume of 700. Meanwhile, BF&M nine percent preference shares remained at $9 on volume of 1,000.

Shares and bonds worth $2.537 million were traded during the week.