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 11 May 2026
Overview
- The Nigerian bourse closed the day on a positive note as the ASI gained 233bps. The index is up 60.97% YTD.
- The Pension Index was positive, gaining 265bps on the day and is up 72.46% YTD.
- INTENEGINS/ UHOMREIT/ CHAMS/ LIVESTOCK/ RTBRISCOE/ FTNCOCOA (+10%) topped the gainer's chart, while PRESTIGE (-10%) topped the loser's chart.
- VERITASKAP topped the volume chart with 194.63m, and MTNN topped the value chart with N12.39b.
- A total of 58 stocks gained points while 21 stocks lost points.
Sector update
- The NGX Banking Index gained 467bps on GTCO (+6.25%), UBA (+5.75%), ETI (+5.68%), ZENITHBANK (+4.76%), ACCESSCORP (+2.12%), FIDELITYBK (+1.62%), and WEMABANK (+1.06%). FCMB (-0.44%) lost points.
- The NGX Consumer Index gained 74bps on CHAMPION (+9.82%), UNILEVER (+7.14%), NASCON (+6.73%), NB (+3.51%), PZ (+2.58%), and HONYFLOUR (+1.65%). DANGSUGAR (-3.76%) lost points.
- The NGX Oil and Gas Index gained 3bps on ETERNA (+8.79%), and JAPAULGOLD (+3.12%).
- The NGX Industrial Index gained 432bps on BERGER (+9.99%), MEYER (+9.84%), DANGCEM (+8.46%), WAPCO (+3.33%), and BUACEMENT (+2.9%). CUTIX (-0.31%) lost points.
Earnings update
FCMB, MTNN, ACCESSCORP, DANGCEM.
Market commentary
Trade value increased by 17.27% to $50.98m. The Nigerian bourse was on a positive trend today, with market gains driven by MTNN (+2.31%), GTCO (+6.25%), FIRSTHOLDCO (+9.96%) and WAPCO (+3.03%). The most active stocks in today’s session were FIRSTHOLDCO, MTNN and DANGCEM. Notable crosses today were- 100m FCMB at N11.40, 55m ACCESSCORP at N24.10, 5m MTNN at N819.70 and 800k DANGCEM at N1,189.00. ZENITHBANK and GTCO traded good volumes outside of crosses.
STOCK PICKS: GTCO, ZENITHBANK.
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