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The Bermuda Stock Exchange slipped 16.26 points to loose 0.98 percent yesterday on a volume of 26,326 shares. The excahnge ended the day at

The Bank of Butterfield was yesterday's big looser, with the share price falling one dollar to close at $16. The Bermuda Commercial Bank was up a quarter to $7.50.

Two insurance companies also changed yesterday, with Argus up one half to $17.50 -- a new 52-week high -- and BF&M down a quarter to $5.25.

In utilities KeyTech, the parent company of BTC and Logic Communications, gained 75 cents to end at $31, while BELCO remained unchanged at $19.65 on a volume of 1,307 shares.