unstoppable rise of last year is officially over following a period of stagnation in early 1993.

Argus Insurance stock also fell, by 50 cents, to $12.50, with a tiny volume of 50, and topsy-turvy Telco shares went down by three-eighths to 375 , with a volume of 937.

The only riser was Bermuda Aviation Services, whose stock climber by 25 cents to $3.50, with a volume of 5,000. There was light trading in the Bank of Bermuda for an unchanged price of $43.50.

The Index closed at 1,010.03 -- down by 4.71.