Exchange index rose 13.56 points to 920.93.

Highlighting the week was an increase in Telco's share price and a sharp fall in KFC (Bermuda).

After Telco approved a special dividend to bolster its share price, the utility's stock rose $7.875 but about half that gain was later erased. Telco ended up $3.75 at $34.25 on volume of 5,384.

Despite the recently announced KFC (Bermuda) reorganisation, which included new directors and a rights issue to cover debts and obligations, KFC (Bermuda) plummeted $9.75 closing at $4.50 on volume of 5,000.

In other trading, Belco and Bank of Bermuda both gained 25 cents closing at $19.25 and $17 respectively.

Bank of Butterfield, Bermuda Home, Argus, BF&M preferred and TeleBermuda were unchanged.

WEEKLY SUMMARY Biggest gain (%): Telco ( 10.95%) Biggest loss (%): KFC (Bermuda) (-31.3%) Highest volume (shares): Bank of Bermuda (21927) Lowest volume (shares): TeleBermuda (100)