Welcome to Stanbic IBTC Stockbrokers
The largest stockbroking house in Nigeria, providing a comprehensive range of trading products and services
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As at September 14, 2021
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Why trade with us?
Professionalism
We have a highly qualified and experienced workforce with impeccable customer service and integrity.
Our track record
Over a decade of stockbroking experience in the Nigerian financial market
Diversified Clientele
We service a broad range of clients, from local and foreign investors, multinationals, pension companies, asset management companies and high net worth individuals
Technology
With our robust software, you are guaranteed online access to your account (via web or mobile app), which would facilitate placing orders, monitoring your account, reviewing transaction history and timely confirmation of trade execution
Large database
Huge investor database which helps facilitate market making especially for bloc trades
Research
Our Analysts provide insightful, objective and decisive research reports that are designed to enable clients make informed investment decisions. Our research report includes daily market update, company news and results, regular update on the capital market, the money market and other research literature
What are you looking for?
Equities
Equities are shares in a company that are owned by people who have a right to vote at the company's meetings and to receive part of the company's profits after the holders of preference shares have been paid.
Exchange Traded Funds (ETF)
Exchange Traded Fund (ETF) is a type of investment fund and exchange traded product that tracks the performance of an index or a “basket” of securities (such as shares, bonds, commodities, etc.).
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Over-the-counter (OTC)
Over-the-counter (OTC) securities are securities that are not listed on a major exchange in Nigeria and are instead traded via a broker-dealer network, usually because many are smaller companies and do not meet the requirements to be listed on a formal exchange.
Mutual Funds (Exchange Traded)
A Mutual Fund is an investment vehicle made up of a pool of funds collected from numerous investors for the purpose of investing in securities such as stocks, bonds, money market instruments and similar assets.
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Market Summary for 26 June 2025
Overview
- The Nigerian bourse closed the day on a negative note as the ASI lost 40bps. The index is up 17.34% YTD.
- UNILEVER/ SFSREIT (+10%) topped the gainer's chart, while THOMASWY (-10%) topped the loser's chart.
- ELLAHLAKES topped the volume chart with 113.5m, and ZENITHBANK topped the value chart with N3.47b.
- A total of 33 stocks gained points while 37 stocks lost points.
Sector update
- The NGX Banking Index lost 57bps on FCMB (-2.06%), ACCESSCORP (-1.95%), WEMABANK (-0.99%), and UBA (-0.83%). ZENITHBANK (+0.52%) gained points.
- The NGX Consumer Index lost 144bps on CHAMPION (-8.34%), CADBURY (-6.86%), BUAFOODS (-6.46%), DANGSUGAR (-2.89%), GUINNESS (-2.22%), and PZ (-2.18%). HONYFLOUR (+0.23%), INTBREW (+5.73%), and UNILEVER (+10%) gained points.
- The NGX Oil and Gas Index lost 125bps on OANDO (-9.96%).
- The NGX Industrial Index gained 211bps on CAP (+9.92%), BUACEMENT (+5.9%), CUTIX (+0.63%), BERGER (+0.16%).
Earnings update
Nil
Market commentary
Value traded dropped by 30.37% to $11.75m. The market opened today on a bearish note, but was flattish for most of today. The opening drop in the ASI value was due to losses in BUAFOODS (-6.46%) and OANDO (-9.96%). Price movement in most other names were moderate to marginal, and market sentiments were mixed. Noted crosses were- 1.4m MTNN at N357.50, 30m ACCESSCORP at N22.80, 4.6m GTCO at N83.00, 40m ELLAHLAKES at N7.78, 55m CAVERTON at N5.15 and 52m JAPAULGOLD at N2.05. The most active stocks in the market were banking stocks, but we also saw decent volumes come from other sectors. We expect the market to remain active tomorrow.
STOCK PICKS: UBA, GTCO, ZENITHBANK, MTNN.
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