$1 to close at $22 yesterday on the Bermuda Stock Exchange. Royal Gazette Staff Created: Jan 28, 1999 10:00 AM The index closed down 16.01 points to 1,507.99 on a volume of 7,463 shares valued at $156,087. Related Stories Insurance M&A activity may be on horizon Teenager launches vegetable-garden business Institute of Directors launch new website Meritus Trust acquires Lepercq Related Media