index fell short of matching the precedent set during the previous week. For the five-day period ended on Friday, 151,001 shares worth $3.6 million changed hands, compared to 174,954 shares worth $4.4 million the week before. The index did, however, manage to set a new record high, reaching 1,917.27329 before closing at 1,883.51 on Friday.

Shares in the Bank of Butterfield were the exchange's most popular, with 62,273 changing during the week. The share ended the week 30 cents short of its 52-week high at $18.45.

The Bank of Bermuda's share price was readjusted during the week when the exchange accounted for the recent one-for-seven share dividend, bringing the stock down from $43 to $37.63. After moving back to $40, shares finished at $38.50 apiece on Friday. The Bermuda Commercial Bank ended the week down 55 cents to $6.95.

KeyTech, the parent company of the Bermuda Telephone Company and Logic Communications, was the only utility to change, ending the week up three-quarters at $31.25. The company's bonds remained unchanged at $95.50, while BELCO were stable at $19.50.

Devonshire Industries fell one quarter to $7.25.

BUSINESS BUC