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 28 August 2026
Overview
- The Nigerian bourse closed the day on a positive note as the ASI gained 90bps. The index is up 55.06% YTD.
- The Pension Index was positive, gaining 158bps on the day and is up 75.34% YTD.
- SEPLAT (+10%) topped the gainer's chart, while TOTAL (-10%) topped the loser's chart.
- ACCESSCORP topped the volume chart with 42.33m, and TRANSCOHOT topped the value chart with N6b.
- A total of 32 stocks gained points while 19 stocks lost points.
Sector update
- The NGX Banking Index gained 234bps on FIRSTHOLDCO (+7.41%), ACCESSCORP (+2.61%), WEMABANK (+2.5%), FIDELITYBK (+1.32%), ZENITHBANK (+1.26%), GTCO (+0.78%), FCMB (+0.45%), and UBA (+0.22%). ETI (-2.65%) lost points.
- The NGX Consumer Index lost 19bps on MCNICHOLS (-6.25%), INTBREW (-3.14%), and HONYFLOUR (-2.11%). GUINNESS (+2.34%) gained points.
- The NGX Oil and Gas Index gained 473bps on SEPLAT (+10%), and JAPAULGOLD (+1.42%). ETERNA (-0.56%), OANDO (-1.78%), and TOTAL (-10%) lost points.
- The NGX Industrial Index closed flat even as AUSTINLAZ (-7.41%), and CUTIX (-1.65%) lost points.
Earnings update
SEPLAT, TRANSCOHOTEL, ETRANZACT, JAIZBANK
Market commentary
Trade value dropped by 19.36% to $21.08m. The market was positive today, most supported by gains seen in SEPLAT (+10.00%), FIRSTHOLDCO (+7.41%) and TRANSCOHOTEL (+9.76%). Crosses drove market activities, while we also saw decent volumes trade in the premium banking stocks. Notable crosses seen were- 102k SEPLAT at N12,320.60, 22.46m TRANSCOHOTEL at N265.50, 7m ETRANZACT at N13.25 and 200m JAIZBANK at N7.50 (off- market). The market had a notable change in sentiments, and the gaining premium names strengthened the ASI gains.
STOCK PICKS: GTCO, ZENITHBANK.
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