The market's index was pressured down by Masters Ltd., which fell $2 on volume of 554 to close at $4 and Bermuda Telephone Company Ltd., which fell 25 cents on volume of 1,096 to close at $36.75.

The total share volume of 31,537 was valued at $382,816.75.

Gainers included Bermuda Commercial Bank which moved up $0.125 to an even $5 on a trade of 1,000 shares. Argus Insurance was also up 25 cents to $10.75 on a trade of 9,280.

The other half of the issues trading yesterday were unchanged in price. Those other four included 3,236 Bank of Bermuda shares at $18.50 per share; 13,420 Bank of Butterfield shares at $10.50 each; 2,173 BF&M 9% notes at $9 a share; and 778 Belco shares at $20 apiece.