Local Update
Created: Dec 13, 1993 10:00 AM
Friday, closing at $34 on volume of 7,512. Bermuda Commercial Bank fell by 50 cents to $12 on volume of 1,200. The Bank of Bermuda remained at $20.50 on volume of 150.
The common stock of BF&M, which faces a possible legal challenge over its assets, fell by $3 to $65 on volume of 419. BF&M's nine percent preference shares remained at $9 on volume of 147.
The Exchange Index ended the week at 1,166.45 -- up one-hundredth of a point on the day.
Shares worth $1.644 million and bonds worth $105,000 were traded on the Exchange last week.