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 1 July 2025
Overview
- The Nigerian bourse closed the day on a negative note as the ASI lost 20bps. The index is up 16.34% YTD.
- MBENEFIT/ RTBRISCOE/ MCNICHOLS/ HONYFLOUR (+10%) topped the gainer's chart, while UPL (-10%) topped the loser's chart.
- ELLAHLAKES topped the volume chart with 46.05m, and NB topped the value chart with N1.75b.
- A total of 47 stocks gained points while 23 stocks lost points.
Sector update
- The NGX Banking Index lost 12bps on ZENITHBANK (-1.58%), and GTCO (-1.23%). UBA (+0.28%), ETI (+0.32%), WEMABANK (+0.33%), FCMB (+1.08%), and ACCESSCORP (+3.62%) gained points.
- The NGX Consumer Index gained 47bps on HONYFLOUR (+10%), MCNICHOLS (+10%), NESTLE (+3.45%), CADBURY (+2.41%), and NB (+1.69%). DANGSUGAR (-1.78%), and PZ (-7.89%) lost points.
- The NGX Oil and Gas Index gained 3bps.
- The NGX Industrial Index lost 163bps on DANGCEM (-3.41%). WAPCO (+0.34%), CUTIX (+9.76%), and MEYER (+9.95%) gained points.
Earnings update
Nil
Market commentary
Value traded dropped by 74.56% to $7.36m. The market saw moderate activities in today’s session and had the bulk of its volumes in crosses. Some of the significant crosses to mention were- 24.3m NB at N60.60, 500k NESTLE at N1,500.00, 5m ETI t N31.00, and 600k DANGCEM at N425.00. for most of todays session, we saw the market tend positive with oscillating trends. The ASI eventually closed the day negative after DANGCEM was hit to close at N425.00 (-3.41%). We expect to see mixed sentiments in tomorrow’s session.
STOCK PICKS: UBA, GTCO, ZENITHBANK, MTNN.
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