in its third straight increase.

The Bank closed at $12.50 on volume of 2150 and has gained a dollar in value since Monday.

The increase helped the Exchange Index rally for the second straight day after taking losses on Friday and Monday. It closed up .95 points at 1161.89 points in active trading.

Bermuda Computer Services, which dropped 62.5 cents on Tuesday, recovered 25 cents to close at $14.55 on volume of 300.

Also going up were BF&M 9% notes, which gained $1 on volume of 100 while BDR Co. shares increased 25 cents to close at $29.75 on volume of 200.

Belco shares were unchanged at $21 on volume of 119.