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Local update

Exchange yesterday, continuing its recent slide. Its shares have now fallen $1.50 since January 19, 1993.

In the day's other trades, 8,300 shares in BF&M preference stock changed hands for $12 and 152 Bank of Bermuda stock went for $43.25. Both of these prices were unchanged.

The Index closed at 989.79 -- a drop of 5.01.