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Local update

Bermuda Press (Holdings)' shares, which fell $3.25 to close at $6 on a volume of 1,100.Bermuda Commercial Bank stocks closed at $9.50 on a volume of 1,000, down $1.50.

Bermuda Press (Holdings)' shares, which fell $3.25 to close at $6 on a volume of 1,100.

Bermuda Commercial Bank stocks closed at $9.50 on a volume of 1,000, down $1.50. The Bank of Bermuda closed down 50 cents at $19.50 on a volume of 5,886.

Telco's shares also fell by 50 cents to close at $35 on a volume of 1,000, as did Devonshire Industries' shares, which closed at $9.50 on a volume of 300.

Argus Insurance Company gained 50 cents closing at $10.50 on a volume of 300.