Exemption boost for stocks The Royal Gazette/Bermuda Stock Exchange index was heavily influenced by Finance Minister Eugene Cox's announcement on Friday of
points or 8.88 percent to end the week at an all-time high of 2,117.87 on volume of 211,992 shares worth $7.2 million. Bank of Bermuda shares soared $4 or 10.26 percent over the week to end at an all-time high of $43 on volume of 145,808. And investors who bought Bank of Bermuda shares at their 52-week low of $24.28 would now have come close to doubling their money. Bank of Butterfield shares also performed well over the week climbing $3 or 15.38 percent to $22.50 on a volume of 59,864. One thousand Bermuda Bakery shares traded unchanged at $21. Two hundred Argus shares rose 75 cents to close at $17.50 and 2,000 BF&M preference shares traded up $2 to close at $12. KeyTech shares also did well over the week closing up $1.95 to end the week at $37 on a volume 120. Chart: Page 18