The bearish run continued on the Nigerian Exchange on Thursday as it shed N6bn.

The All Share index and market capitalization declined by 0.1 percent to close at 97,477.19 and N56tn, respectively, as the market year-to-date performance moderated to 30.36 percent.

Investors traded 277,745,152 shares in 7,091 deals worth N4.65tn.

The traded volume reflected a 22 percent decline, while turnover and deals dipped by 33 percent and 17 percent, respectively.

At the end of trading, 122 stocks participated, with 23 gainers and 22 losers.

Regency Alliance Insurance led the gainers with a 10% share price appreciation, closing at N0.66. It was followed by Caverton Offshore Support Group (+9.73 percent), Royal Exchange (+8.7 percent), and Associated Bus Company (+8.2 percent).

On the losing side, Daar Communications recorded the largest decline, with a 10 percent dip to N0.63, followed by Livestock Feeds (-9.88 percent), Fidson Healthcare (-9.71 percent), and Sunu Assurances Nigeria (-9.71 percent).

Fidelity Bank topped the trading volume with 43.3 million shares exchanged, followed by United Bank for Africa with 30.7 million shares, Zenith Bank with 25.6 million shares, and Lasaco Assurance with 22.1 million shares.