close at 1,042.60.

Bank of Bermuda gained 62.5 cents to close at $18.75 on volume of 338.

Argus gained 25 cents to close at $11.75 on volume of 4,028 while Bermuda Home gained 12.5 cents to close at $10 on volume of 8,935.

BF&M closed down 25 cents at $6.50 on volume of 495.

Belco traded unchanged at $19.975 on volume of 1,564 while Hemisphere preferred traded unchanged at $6.75 on volume of 1,650.

Share volume was 17,010 with a value of $188,243.50.

Argus Group yesterday declared a stock dividend of one share for every ten held by shareholders of record on September 8. Payment date is September 15.

The insurance company also declared a cash dividend of 15 cents per share to shareholders of record on September 29. Payment date is October 13.

Belco Holdings declared a 27.5 cents per share dividend payable to shareholders on September 29 to shareholders of record on September 15.