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 9 June 2026
Overview
- The Nigerian bourse closed the day on a positive note as the ASI gained 53bps. The index is up 57.25% YTD.
- The Pension Index was positive, gaining 48bps on the day and is up 68.75% YTD.
- AIRTELAFRI (+10%) topped the gainer's chart, while OKOMUOIL/ NAHCO/ UNILEVER/ LEARNAFRCA/ TRANSEXPR (-10%) topped the loser's chart.
- STERLINGNG topped the volume chart with 715.66m, and ARADEL topped the value chart with N13.25b.
- A total of 33 stocks gained points while 31 stocks lost points.
Sector update
- The NGX Banking Index gained 133bps on ACCESSCORP (+2.04%), WEMABANK (+1.31%), GTCO (+0.74%), and ZENITHBANK (+0.39%). UBA (-0.46%) and FIDELITYBK (-0.97%) lost points.
- The NGX Consumer Index lost 83bps on UNILEVER (-10%), MCNICHOLS (-9.76%), GUINNESS (-9.22%), HONYFLOUR (-1.91%), and INTBREW (-1.63%). NB (+0.62%), CHAMPION (+0.77%), and DANGSUGAR (+0.83%) gained points.
- The NGX Oil and Gas Index lost 14bps on OANDO (-3.47%). JAPAULGOLD (+0.59%) gained points.
- The NGX Industrial Index lost 99bps on DANGCEM (-2.12%). CUTIX (+5%) gained points.
Earnings update
STERLINGNG, GTCO, MTNN, GUINNESS, AIRTELAFRI, ARADEL.
Market commentary
Trade value increased by 0.08% to $42.44m. The Nigerian bourse had a busy session today, as blocks drove activities again. Market opened with a cross of 4.8m ARADEL at N1690.40 and other crosses were seen later in STERLINGNG, GTCO, and MTNN. It was mostly bearish note in the earlier session, especially in some consumer names trading at low limit. However, positive sentiments returned later in the session, led by AIRTELAFRI (+10% to N4021.20). We expect to see moderate buying interests tomorrow outside of crosses.
STOCK PICKS: GTCO, ZENITHBANK.
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