percent during the week to finish at 1,546.26 on a volume of 48,235 shares, valued at $1.18 million and bonds worth $3,484.

The Bank of Butterfield gained 45 cents to close at $16.75 while Bermuda Commercial Bank gained $1.03. Belco Holdings fell $2 or nine percent to $20.

KeyTech Ltd., the holding company for the Bermuda Telephone Co. Ltd., gained 50 cents to $32.

The FT/BSX Insurance Index closed down 7.87 points to close at 827.37.