Investors in the Nigerian Exchange experienced a loss of N37 billion on Thursday, attributed to declines in the share prices of Stanbic IBTC Holdings, Wapic, GlaxoSmithKline, FCMB, and other companies.

This led to a 0.12 percent decrease in both the All-Share Index and market capitalization, settling at 55,956.59 and N30.468 trillion, respectively.

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Year-to-date returns also declined to 9.18 percent. However, trading activity saw a positive surge, with 531,784,757 million units of shares exchanged in 6,061 deals, representing a 33.74 percent increase from the previous session.

Gainers outnumbered losers, with stocks like Etranzact, JapaulGold, Prestige, NSLTech, Sovereign Insurance, and Unity Bank leading the gainers’ list. United Bank for Africa topped the value and volume charts in terms of trading activity.