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Bermuda exchange inches upwards

trading on the Bermuda Exchange yesterday. The firm's common stock and its 9% preference shares each rose by 25 cents to $7.25 and $11.75, respectively.

Bermuda Press (Holdings) stock halted its dramatic slide of recent weeks and may well have bottomed out at $5.50, with 1,580 changing hands.

The highest volume of the day was the 2,128 Bermuda Electric Light Company shares which were traded.

Other company trades were: Bank of Bermuda, at $33.50, with a volume of 1,670; Bank of Bermuda eight percent preference, $11.50, 740; Bank of Butterfield, $20, 1,277; and Bermuda Telephone Company, $28, 135.

The total value of shares traded was $145,591. The Exchange Index rose by 0.11 to close at 800.96.