Bermuda Stock Exchange with the index dropping 11.46 points or 1.13 percent to close at 1,005.72.

Bank of Butterfield closed down 50 cents at $10.50 on volume of 2,000 while Bank of Bermuda closed down 12.5 cents at $18.375 on volume of 2,083.

BF&M Ltd. closed down 12.5 cents on volume of 25,000.

Bermuda Home preferred closed down 12.5 cents at $12.125 on volume of 1,000.

Bermuda Commercial Bank gained 67.5 cents to close at $5.75 on volume of 3,000.

Bermuda Bakery closed unchanged at $20 on volume of 70 while Staples closed unchanged at $9 on volume of 2,384.

Share volume was 35,537 with a value of $281,253.88.