• About Us
    • Àtẹ́lẹwọ́ Podcast
  • Contact
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Sitemap
Freelanews
Advertisement
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
Freelanews
No Result
View All Result
Home Business & Finance Business Stock

‘Deprecation’Bears reign supreme in stock market as valuation dips by N16 billion

Freelanews by Freelanews
July 7, 2022
in Stock
0
Bear

The NGX closed on a negative note amidst sell-offs and buy-interests as the benchmark All-Share Index (ASI) depreciated by 6 basis points.  

The NGX ASI closed at 51,556.54 points to reflect a decline of 0.06% from the previous trading day and a Year-to-Date (YTD) return of 20.69%. Meanwhile, the market capitalization declined by N16.15 billion.  

At the close of the market on Wednesday, the 6th of July 2022, the stock exchange market value currently stands at N27.79 trillion at the end of the trading day.  

The market breadth closed positive as ACADEMY led 17 gainers and 16 losers, topped by CHAMPION at the end of the day’s session.  

The stock market has advanced 8,840.10 base points since the start of the year.  

NGX Top ASI gainers  

  • ACADEMY up +9.79% to close at N1.57 
  • CHIPLC up +8.70% to close at N0.75 
  • JAPAUL up +7.41% to close at N0.29 
  • UPDCREIT up +4.35% to close at N3.60 
  • CHAMS up +4.17% to close at N0.25 

NGX Top ASI losers  

  • CHAMPION down – 10.00% to close at N3.60 
  • NEM down – 10.00% to close at N3.42 
  • UBN down – 9.76% to close at N5.55 
  • UPL down – 8.91% to close at N2.35 
  • RTBRISCOE down – 7.50% to close at N0.37 

NGX ASI Top Traded by Volume  

  • TRANSCORP – 15,551,438 
  • GTCO – 13,110,865 
  • UPDC – 11,966,541 

NGX ASI Top Traded by Value  

  • GTCO – N267,085,162.30 
  • AIRTEL – N210,978,850.80 
  • ZENITHBANK – N156,977,389.95 

Market sentiment trend towards the bears with the market differential being in favour of the advancers as 17 gainers surpassed 16 losers.  

freelanews
Freelanews

Freelanews is a potpourri of news, entertainment, business, events and photos. This is no fake news.

Related Posts

thumbnail
Stock

‘We can do a lot together’ UBA CEO reveals bank well-positioned to meet Africa’s banking needs

by Freelanews
September 15, 2022
templates
Stock

‘In top and bottom lines’ UBA records strong double digit growth, declares N0.20k interim dividend

by Rtn. Victor Ojelabi
September 8, 2022
1734964e unity bank
Stock

‘Drops 6%’ Unity Bank leads losers table despite NGX bullish run

by Freelanews
April 26, 2022
fcmb
Stock

‘Reassuring’ Over ₦2.7 billion traded Tuesday as investors rush FCMB, GTB stocks

by Freelanews
June 30, 2021
bua
Stock

BUA now 3rd largest coy as NSE adds N1.8tr to capitalisation (Photo)

by Freelanews
January 10, 2020

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

ADVERTISEMENT

Recent News

Elegant man in black suit and tie, formal attire, professional settings, business or news context.

Cubana Chiefpriest mocks Burna Boy, hails Davido

October 29, 2025
Modern white government building with a green dome, tropical palm trees, and clear skies in the background, reflecting classical architecture and tropical urban development in a coastal city.

National Assembly security threat raises alarm

October 29, 2025
NDLEA

NDLEA cracks down on illegal drug parties in Lagos

October 29, 2025
Ademola Lookman

Ademola Lookman shines in Atalanta’s fierce Milan draw

October 29, 2025

Search

  • Trending
  • Comments
  • Latest
Political persecution in Ogun State

Political persecution in Ogun State: Abiodun moves against Otunba Gbenga Daniel with demolition threats again

August 9, 2025
Omoge Saida

Omoge Saida sparks Nigerian social media over leaked video

October 28, 2025
APC Second-Term Governors

APC: Second-term governors seeking immediate elective post to lose party leadership

October 15, 2025
April Wind Couture

April Wind Couture thrives in Nigeria’s tough economy with bold Ankara vision

September 12, 2025
amoke

‘Meals by Amoke’ We serve traditional dishes in a modern way, Bukoye Fasola reveals

19
Image 2024 03 26 at 120645 AM jpeg

Charles Inojie, Ali Nuhu call on communities to #MakeWeHalla against domestic violence

11
Meran Primary Health Centre Lagos father Meran hospital

Lagos father shares heartbreaking experience at Meran Primary Health Centre (Photos)

4
fls2

‘Disarticulated system’ Gov’t confused about Nigerian education, expert laments

3
Elegant man in black suit and tie, formal attire, professional settings, business or news context.

Cubana Chiefpriest mocks Burna Boy, hails Davido

October 29, 2025
Modern white government building with a green dome, tropical palm trees, and clear skies in the background, reflecting classical architecture and tropical urban development in a coastal city.

National Assembly security threat raises alarm

October 29, 2025
NDLEA

NDLEA cracks down on illegal drug parties in Lagos

October 29, 2025
Ademola Lookman

Ademola Lookman shines in Atalanta’s fierce Milan draw

October 29, 2025
October 2025
SMTWTFS
 1234
567891011
12131415161718
19202122232425
262728293031 
« Sep    
Freelanews

Freelanews is a Nigerian digital news platform that delivers timely, credible, and engaging stories across politics, business, entertainment, lifestyle, and the creative industry, with a strong focus on promoting innovation, integrity, and inclusivity in storytelling.

Hot!

Elegant man in black suit and tie, formal attire, professional settings, business or news context.

Cubana Chiefpriest mocks Burna Boy, hails Davido

October 29, 2025
Modern white government building with a green dome, tropical palm trees, and clear skies in the background, reflecting classical architecture and tropical urban development in a coastal city.

National Assembly security threat raises alarm

October 29, 2025
No Result
View All Result
  • About Us
  • Contact
  • Advertisement
  • Sitemap

© 2025 Freelanews | by Iretura.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events

© 2025 Freelanews | by Iretura.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.