The Royal Gazette/Bermuda Stock Exchange Index was virtually unchanged yesterday, despite a busy day of trading for the banking sector.

More than 46,000 shares of Butterfield Bank were exchanged, as the share price remained unchanged on $1.50.

Bermuda Commercial Bank Ltd. slipped two cents to $9.88, as 2,500 shares changed hands.

The Royal Gazette/BSX Index closed the day on 1,276.84 points, just a tenth of a point down.

Volume was 48,504 shares and turnover topped $93,600.

The BSX Insurance Index of the Island's leading international insurance companies fell six points, or 0.6 percent, to 993 points.