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Local Update

The Exchange gained .43 points to close at 1116.26 in light trading.Bermuda Comercial Bank shares gained 25 cents to close at $10.25 on volume of 1,000 shares.

value for two weeks.

The Exchange gained .43 points to close at 1116.26 in light trading.

Bermuda Comercial Bank shares gained 25 cents to close at $10.25 on volume of 1,000 shares.

BDR Co. shares -- which shadow the value of Bermuda-based insurance companies traded publicly in the US -- lost $4.375 on volume of 200 to close at $30.625.

Bank of Bermuda shares were unchanged at $19.75 on volume of 6100 shares while its nine percent notes were unchanged at $107.50 on volume of 40,000 notes.

The notes are traded in 100-note blocks.