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 31 August 2026
Overview
- The Nigerian bourse closed the day on a positive note as the ASI gained 120bps. The index is up 56.93% YTD.
- The Pension Index was positive, gaining 222bps on the day and is up 79.24% YTD.
- OMATEK (+10%) topped the gainer's chart, while ABBEYBANK (-9.41%) topped the loser's chart.
- ACCESSCORP topped the volume chart with 126.54m, and MTNN topped the value chart with N5.72b.
- A total of 43 stocks gained points while 15 stocks lost points.
Sector update
- The NGX Banking Index gained 311bps on ETI (+8.98%), ACCESSCORP (+8.81%), FCMB (+5.88%), ZENITHBANK (+5.29%), FIDELITYBK (+4.17%), UBA (+3.16%), GTCO (+3.1%), and WEMABANK (+1.05%).
- The NGX Consumer Index gained 172bps on NB (+8.07%), PZ (+7.86%), HONYFLOUR (+6.25%), INTBREW (+5.95%), CHAMPION (+5.53%), and DANGSUGAR (+1.45%).
- The NGX Oil and Gas Index gained 135bps on ARADEL (+3.06%), OANDO (+2.72%), and ETERNA (+0.7%). JAPAULGOLD (-3.85%) lost points.
- The NGX Industrial Index lost 65bps on BUACEMENT (-2.22%). HBMNG (+0.3%), CUTIX (+0.42%), and AUSTINLAZ (+8.8%) gained points.
Earnings update
NB, ACCESSCORP, MTNN
Market commentary
Trade value increased by 36.41% to $28.84m. The market had a positive trend in today’s session, closing strong on the back of gains in Tier 1 banking names, MTNN, ARADEL, and NB. The banking names drove volumes as ACCESSCORP alone accounted for over 20% of the day’s volume. Significant crosses were- 25.5m NB at N70.60, 15m ACCESSCORP at N32.00, and 1m MTNN at N775.00. More of the market’s activities were outside of crosses.
STOCK PICKS: GTCO, ZENITHBANK.
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