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Index falls through 1,000 mark

The Index plummeted 20.93 points or 2.08 percent to close at 983.14 yesterday.It last traded below 1,000 on May 20, 1993 and has lost more than 100 points since January 1.

the 1,000 mark yesterday.

The Index plummeted 20.93 points or 2.08 percent to close at 983.14 yesterday.

It last traded below 1,000 on May 20, 1993 and has lost more than 100 points since January 1.

Bank of Bermuda closed down 75 cents to a new low for the year of $17.25 on volume of 5,475.

Telco fell 50 cents to $35.50 on volume of 2,073 and Bank of Butterfield dropped 12.5 cents to $10.50 on volume of 3,035.

The Bank of Bermuda ended 1994 at $20 while the Bank of Butterfield ended at $12.625.

Chart -- Page 12