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Who we are

SISL is a wholly-owned subsidiary of Stanbic IBTC Bank Plc, and is a member of The Standard Bank Group specifically set up to cater to the stockbroking needs of our existing and potential clients.

SISL has obtained the approvals of The Nigerian Stock Exchange (NSE) and Central Securities Clearing System (“CSCS”) to operate on the floors of The NSE.

On Friday 19 June 2009, SISL commenced operations and traded for the first time, for both the clients of SIAML and SEL.

SISL is the largest stockbroking house in Nigeria with a market share of over 20% of turnover based on 2009 trading results.

Our mandate is to remain Nigeria’s leading stockbroking firm. We expect to achieve this while living our values and operating with the highest levels of professionalism and integrity.

 
 
          
          
MARKET PRICE LIST

Market Price List as at 03 Feb 2012

View Price List Table

MARKET INFORMATION

CBN keeps MPR on hold at 12%
MPR unchanged at 12%. The Central Bank of Nigeria (CBN)’s Monetary Policy Committee (MPC) kept its Monetary Policy Rate (MPR) unchanged at 12% and maintained the symmetric corridor around the policy rate (standing deposit facility [SDF] at MPR-200 bps [10%]; standing lending facility [SLF] at MPR+200 bps [14%]) at its 30-31 Jan meeting. Get Full Story

PZ Cussons Nigeria plc: Q2:12 earnings disappoint
PZ’s H1:12 earnings update shows a weaker than expected earnings performance in Q2:12 underpinned by a greater than expected increase in input costs - fuelled by higher imported raw material prices and a weaker naira. Get Full Story

The Nigerian stock exchange introduces market Segmentation
“The Nigerian Stock Exchange is introducing Market Segmentation commencing 1st November 2011 by reducing the earlier structure of 33 segments to 12. Get Full Story

MARKET WATCH

Relatively slower start to 2012
NSE ASI off to a slow start
The NSE ASI performance so far in the month of January 2012 has been weak when compared to the same period over the last two years both by price performance and trading volumes. The NSE ASI was up 1.1% as at 27 Jan 2012 YTD, but significantly lower than Jan 2010 and 2011 when the ASI was up 8.4% and 6.9% respectively. Get Full Story

Customer Care Line
01 448 8800
08023257777
08033231941

stockbroking@stanbicibtc.com