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 25 March 2026
Overview
- The Nigerian bourse closed the day on a positive note as the ASI gained 11bps. The index is up 29.12% YTD.
- The Pension Index was negative, losing 52bps on the day and is up 34.4% YTD.
- LEGENDINT (+10%) topped the gainer's chart, while FIDSON (-9.97%) topped the loser's chart.
- WEMABANK topped the volume chart with 104.33m, and MTNN topped the value chart with N4.23b.
- A total of 32 stocks gained points while 31 stocks lost points.
Sector update
- The NGX Banking Index lost 98bps on ZENITHBANK (-5.32%), FIDELITYBK (-1.81%), UBA (-1.46%), and FCMB (-0.79%). ACCESSCORP (+0.19%), WEMABANK (+0.38%), and GTCO (+3.2%) gained points.
- The NGX Consumer Index gained 42bps on PZ (+3.42%), NB (+2.79%), NASCON (+2.1%), INTBREW (+0.35%), and DANGSUGAR (+0.07%). CHAMPION (-2.48%) lost points.
- The NGX Oil and Gas Index closed flat on ETERNA (-1.06%). JAPAULGOLD (+1.12%) gained points.
- The NGX Industrial Index lost 11bps on AUSTINLAZ (-9.89%), CUTIX (-4.17%), and WAPCO (-0.78%).
Earnings update
NIL
Market commentary
Trade value dropped by 61.33% to $18.21m. Today's session was softer and we saw some blocks in the market including a cross of 20m GTCO at N111.00 at the open. We also saw 100m WEMABANK crossed at N26.40. In ZENITH we saw some aggressive selling towards the close of the session as it was hit from N107 levels to close at N101.50. Other crosses in the market included about 3m WAPCO at N227.50. We expect another quiet session outside of crosses tomorrow.
STOCK PICKS: GTCO, ZENITHBANK.
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