financial institutions as well as a utility declining.

Telco led declines down $1.50 closing at $33.50.

Bank of Bermuda was down 50 cents at $17.50. Bank of Butterfield and Bermuda Home both declined 12.5 cents closing at $9.625 and $7.75 respectively.

The only gainer was Belco which closed up 25 cents at $19.75.

In other trading, transportation companies Bermuda Aviation Services and Bermuda Container Line were unchanged.

The index dropped 15.85 points closing at 952.05. Share volume was 25,964 worth $458,931.

WEEKLY SUMMARY Biggest gain (%): Belco ( 1.3%) Biggest loss (%): Telco (-4.5%) Highest volume (shares): Bank of Bermuda (10,452) Lowest volume (shares): BCL (500)