The Royal Gazette/Bermuda Stock Exchange Index closed at 2,440.09, a drop of 3.79 points with some 9,210 shares changing hands.

Three stocks changed hands, with the Bank of Butterfield closing at $34.25, a drop of .25? on a volume of 5,300 shares. Bermuda Commercial Bank closed at $6.50 on a volume of 1,400 shares, unchanged, while BF&M Ltd rose .25? to $10.25, with 2,510 shares changing hands.