A small downward movement in the Royal Gazette / Bermuda Stock Exchange (BSX) Index was recorded for a second consecutive day as 28,771 shares changed hands, representing a value of $362,267.75. Shares in BELCO Holdings were the only ones to drop, ending 25 cents lower at $22.50, a 1.1 percent fall after 100 shares were traded.

The largest shares trade involved 18,671 shares in Argus Group Holdings Ltd, although there was no change in the share price. There was also no chance in the price for Bermuda Commercial Bank Ltd, despite 10,000 shares being traded.

At the close of business the Index was at 4,875.22, a drop of 4.6 (0.09 percent) on the day.