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 21 August 2026
Overview
- The Nigerian bourse closed the day on a negative note as the ASI lost 29bps. The index is up 53.81% YTD.
- The Pension Index was positive, gaining 10bps on the day and is up 72.82% YTD.
- RTBRISCOE (+9.63%) topped the gainer's chart, while INTENEGINS (-10%) topped the loser's chart.
- STERLINGNG topped the volume chart with 47.75m, and SEPLAT topped the value chart with N8.43b.
- A total of 22 stocks gained points while 25 stocks lost points.
Sector update
- The NGX Banking Index lost 80bps on FCMB (-2.95%), FIDELITYBK (-2.44%), FIRSTHOLDCO (-1.55%), ZENITHBANK (-1.13%), and GTCO (-0.47%). ACCESSCORP (+0.19%), UBA (+0.22%), and WEMABANK (+1.03%) gained points.
- The NGX Consumer Index lost 3bps on MCNICHOLS (-6.73%), DANGSUGAR (-2.79%), and NB (-1.08%). NESTLE (+1.43%), HONYFLOUR (+2.34%), and CADBURY (+4.68%) gained points.
- The NGX Oil and Gas Index gained 254bps on ARADEL (+5.71%), and OANDO (+3.53%). JAPAULGOLD (-0.34%) lost points.
- The NGX Industrial Index closed flat as gains in MEYER (+5.98%) had no impact on the index.
Earnings update
SEPLAT, NGXGROUP, UBA, NESTLE, HBMNG
Market commentary
Trade value increased by 4.83% to $26.43m. The market still closed in negative territories due to the price adjustment seen in MTNN for its N26.00 interim dividend. Gains in names like ARADEL (+5.71%), NESTLE (+1.43%), and OANDO (+3.53%) however helped ease the market’s losses. The market traded good volumes mostly in crosses. Notable crosses seen today were- 317k SEPLAT at N12,000, 34.74m NGXGROUP at N124.00, 10.73m UBA at N45.00, 246k NESTLE at N2,840.00, and 9.6m HBMNG at N300.00 (off-market).
STOCK PICKS: GTCO, ZENITHBANK.
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