declines in the banking sector as some shareholders took their profits from a recent rapid rise in value.

The index decline 20.46 points on a volume of 6,177 valued at $93,010.

The Bank of Bermuda fell 13 cents to close at $26.50 on a volume of 1,131. The Bank of Butterfield fell 88 cents to $13.63 on a volume of 3,442.

Bermuda Press (Holdings) gained $1.25 to $10 on a volume of 1,064.