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Just three companies traded on the Bermuda Stock Exchange yesterday, as the index inched up another 1.11 to finish at 1,170.81.

The most significant trade was worth $175,000, when 5,000 Telco shares changed hands pushing the price up by 25 cents to $35 each.

Bermuda Aviation Services moved up 3 to $37 on a trade of 1,000. The only bank stock trading was 412 of Bank of Bermuda, at an unchanged price of $22.50.