WEEKLY STOCKS UPDATE: Local stocks plunge
the Bermuda Stock Exchange.
Bermuda Home preferred dropped 75 cents to close at $11.25 on volume of 209.
Bank of Butterfield closed down 50 cents at $10.25 on volume of 45,332 while Bank of Bermuda closed down 12.5 cents at $18.25 on volume of 1,734.
BF&M preferred closed down 37.5 cents at $9.125 on volume of 5,194.
Bermuda Government 6.5% notes closed down 75 cents at 99.25 on volume of 17,000 units with a value of $16,872.50.
Bermuda Commercial Bank warrants gained 25 cents to close at $1 on volume of 1,000.
Bermuda Home gained 25 cents to close at $9.375 on volume of 370 while Bermuda Commercial Bank gained 12.5 cents to close at $5 on volume of 200.
Issues closing unchanged were; Belco, $20, 1,637, Argus, $10.50, 2,055, Staples, $9.375, 600 and Bermuda Press Holdings, $8.50, 800.
Share volume was 59,131 with a value of $615,589.
50.
Total value of trading was $623,462.
The index closed down 10.64 points or 1.07 percent at 987.10.
WEEKLY SUMMARY Biggest gain (%): Commercial Bank warrants ( 33.3%) Biggest loss (%):Bermuda Home pref. (-6.3%) Highest Volume (shares): Bank of Butterfield (45,332) Lowest Volume (shares): Commercial Bank (200)