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Exchange Index drops

Losers outnumbered gainers 3:1 on share volume of 5,407 worth $44,324 and bond volume worth $41,200.The financial sector was the most active,

1.076.26.

Losers outnumbered gainers 3:1 on share volume of 5,407 worth $44,324 and bond volume worth $41,200.

The financial sector was the most active, with Bank of Butterfield down 12.5 cents to $12 on volume of 1,318 and Bermuda Commercial Bank down 37.5 cents to $10.125 on a trade of 425 shares.

Bermuda Home was up 37.5 cents to $7 on volume of 2,000.

Other stocks traded unchanged.

In bond trading, 40,000 of the Bank of Bermuda 9 percent US$ Nts. `01 traded at $103, down 75 cents.

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