last week, rising a total of 4.762 points for the week to close at 1,407.37, just below the all time high of 1,407.4432.

A total of 97,320 local shares, valued at $1,782,149.88, traded for the week as advancers led decliners. Crosses of 1,307,775 were valued at US$132,722,049.

Of the local issues, TeleBermuda International stood out as the biggest gainer, rising 50 cents or 5.88 percent to $8.50 on a volume of 3,800.

The biggest decline for the week was Watlington Waterworks losing 50 cents or 8.33 percent, to close at $6 on a volume of 1,200.

Bank stocks continued to be the most active issuers, with Bank of Bermuda and Bermuda Commercial Bank rising $0.125 for the week, while Bank of Bermuda Warrants lost a dollar and Bermuda Home loss 25 cents.