Bank of Bermuda stock rallied slightly yesterday, gaining 50 cents and pushing the Bermuda Stock Exchange/Royal Gazette index up by almost nine points.

Bank of Bermuda shares closed up 1 percent at $48.50, but Bank of Butterfield shares dipped 25 cents to finish at $33.25. No other stocks changed price.

The index closed at 2,654.43, up 8.71 points or 0.33 percent on a volume of 28,612 shares worth $647,097.25. No bonds were traded.