Welcome to Stanbic IBTC Stockbrokers
The largest stockbroking house in Nigeria, providing a comprehensive range of trading products and services
View Market Summary
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 1 August 2025
Overview
- The Nigerian bourse closed the day on a positive note as the ASI gained 100bps. The index is up 37.25% YTD.
- UACN (+9.96%) topped the gainer's chart, while OANDO/ DANGSUGAR/ CHAMPION (-10%) topped the loser's chart.
- FCMB topped the volume chart with 277.21m, and ARADEL topped the value chart with N3.27b.
- A total of 34 stocks gained points while 35 stocks lost points.
Sector update
- The NGX Banking Index gained 52bps on WEMABANK (+8.64%), FCMB (+8%), FIDELITYBK (+0.71%), and ACCESSCORP (+0.36%), UBA (-0.71%), and GTCO (-1%) lost points.
- The NGX Consumer Index gained 161bps on BUAFOODS (+5.32%), VITAFOAM (+5.13%), and UNILEVER (+2.76%), NASCON (-0.95%), NB (-1.36%), HONYFLOUR (-2.04%), MCNICHOLS (-5.41%), DANGSUGAR (-10%), and CHAMPION (-10%) lost points.
- The NGX Oil and Gas Index lost 173bps on OANDO (-10%), ARADEL (-1.89%).
- The NGX Industrial Index gained 349bps on BUACEMENT (+9.63%), BETAGLAS (+9.22%), TRIPPLEG (+1.42%), and BERGER (+0.44%).
Earnings update
VITAFOAM, UCAP, AFRIPRUD, DANGCEM, TRANSPOWER
Market commentary
Value traded dropped by 20.2% to $17.49m. The Nigerian bourse was less active in today’s session seeing few crosses including- 70m FIDELITYBK at N21.00, 21m STERLINGNG at N6.80, 5m ZENITHBANK at N76.50, 190m FCMB between N10.20 and N10.30 and 4m NSACON at N99.95. The index trend was nearly flat for most of today, and only gained points from weighty names like BUACEMENT (+9.63%), BUAFOODS (+5.32%) and MTNN (+1.69%). Market sentiments were mixed for most of today and we expect this trend to continue into the coming week.
STOCK PICKS: UBA, GTCO, ZENITHBANK, MTNN.
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