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 4 September 2026
Overview
- The Nigerian bourse closed the day on a positive note as the ASI gained 25bps. The index is up 58.72% YTD.
- The Pension Index was positive, gaining 54bps on the day and is up 81.77% YTD.
- ROYALEX/ ABBEYBANK (+10%) topped the gainer's chart, while REDSTAREX/ HMCALL (-10%) topped the loser's chart.
- FTGINSURE topped the volume chart with 1.45b, and SEPLAT topped the value chart with N32.24b.
- A total of 29 stocks gained points while 31 stocks lost points.
Sector update
- The NGX Banking Index gained 44bps on FIDELITYBK (+2.56%), STANBIC (+2.09%), ZENITHBANK (+0.86%), and WEMABANK (+0.34%). ACCESSCORP (-0.17%) and UBA (-0.33%) lost points.
- The NGX Consumer Index gained 128bps on NB (+9.93%), CHAMPION (+8.64%), and NASCON (+1.61%). INTBREW (-0.5%) and MCNICHOLS (-2.78%) lost points.
- The NGX Oil and Gas Index gained 112bps on ARADEL (+2.74%). JAPAULGOLD (-1.77%) lost points.
- The NGX Industrial Index lost 64bps on BETAGLAS (-8.21%), AUSTINLAZ (-3.85%), HBMNG (-3.36%), and CUTIX (-2.89%).
Earnings update
UBA, GTCO, FIDELITYBK
Market commentary
Trade value increased by 151.38% to $55.43m. The market saw mixed sentiments again in today’s session. While MTNN (+0.62%) and NB (+9.93%) supported market gains, losses in HBMNG (-3.36%) and BETAGLASS (-8.21%) dampened these gains. The highlight of today was an off-market cross of 3.2m SEPLAT at N13,100.00. We also saw 200m UBA cross off-market at N20.00. Notable market crosses were: 90.09m UBA at N46.10, 1.45bn FTGINSURE between N1.95 and N1.96, 5m ZENITHBANK at N128.50, and 50m CONHALLPLC at N6.27. The consumer sector had the most gains on the back of NB’s performance. We are seeing pockets of reactions to the news release of FTSE Russell pioneer stocks for the index re-inclusion and we expect mixed sentiments on Monday.
STOCK PICKS: GTCO, ZENITHBANK.
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