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Stock exchange gains

1,475.97 on a volume 92,850 shares valued at $2.37 million. Bermuda Telephone gained 75 cents for the week closing at $31. Belco Holdings gained 50 cents closing at $22. Bank of Bermuda warrants fell 88 cents to close at $11.

EMERALD LAUNCHES NEW FUND BUC Emerald launches new fund Local firm Emerald Financial Group is launching The Emerald Health Care and Technology Fund today.

The fund is the first in a series of funds the company plans on launching.

Steven Abernathy of the Abernathy Group will be the advisor to the health and technology fund.

"We are very excited to offer this fund advised by some of the best money managers to residents of Bermuda,'' Emerald president David Bolden said in a statement.

The launch will take place at the Bermuda Underwater Exploration Institute at 5.30 p.m.