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
| Top Gainer & Loser | ||||
|---|---|---|---|---|
|
||||
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.).
/OTC_Portrait_SQ.jpg.jpg)
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.
Open an account with us
Applying as an individual?
Applying as a Corporation?
Market Summary for 8 July 2026
Overview
- The Nigerian bourse closed the day on a positive note as the ASI gained 227bps. The index is up 55.81% YTD.
- The Pension Index was positive, gaining 243bps on the day and is up 64.64% YTD.
- TRANSEXPR/ AIRTELAFRI (+10%) topped the gainer's chart, while HMCALL (-9.95%) topped the loser's chart.
- LASACO topped the volume chart with 56.6m, and ARADEL topped the value chart with N4.2b.
- A total of 32 stocks gained points while 23 stocks lost points.
Sector update
- The NGX Banking Index gained 107bps on FIDELITYBK (+9.97%), WEMABANK (+3.33%), ACCESSCORP (+2.31%), FCMB (+1.44%), and ZENITHBANK (+1.43%). GTCO (-0.16%), and UBA (-0.81%) lost points.
- The NGX Consumer Index gained 31bps on INTBREW (+5.26%), and HONYFLOUR (+2.31%). NB (-0.81%), DANGSUGAR (-1.39%), and MCNICHOLS (-8.89%) lost points.
- The NGX Oil and Gas Index gained 385bps on ARADEL (+8.68%), and JAPAULGOLD (+0.9%).
- The NGX Industrial Index gained 189bps on DANGCEM (+3.15%), and WAPCO (+2.13%). CUTIX (-0.71%) lost points.
Earnings update
ZENITHBANK
Market commentary
Trade value dropped by 18.26% to $16.4m. The market was positive again today, as we saw ARADEL (+8.70%), DANGCEM (+3.15%) and AIRTEL (+10.00%) drive market gains. Stripping out the effect of these 3 names on the market, sentiments were mixed in most other spaces. Most of the market was also quiet except for select value names that drove market activities. We still expect mixed to net positive sentiments tomorrow.
STOCK PICKS: GTCO, ZENITHBANK.
Access latest Daily Market wrap
Have a query?
Reach out to us for assistance