The Royal Gazette/Bermuda Stock Exchange Index fell 32.25 points yesterday to close at 4,851.28.

On a quiet day of trading, Belco fell $1.75 to close at $23.25 as investors traded in 524 shares and Butterfield Bank traded in 782 shares to close unchanged at $56.25.

The total value of the shares bought and sold on the BSX yesterday was $56,122.50 and the overall volume of shares was 1,306.On the web:<\p>www.bsx.com