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 September 2026
Overview
- The Nigerian bourse closed the day on a positive note as the ASI gained 28bps. The index is up 56.19% YTD.
- The Pension Index was positive, gaining 28bps on the day and is up 78.27% YTD.
- ABBEYBANK/ UPDCREIT (+10%) topped the gainer's chart, while JOHNHOLT (-10%) topped the loser's chart.
- STERLINGNG topped the volume chart with 98.78m, and ARADEL topped the value chart with N5.15b.
- A total of 29 stocks gained points while 18 stocks lost points.
Sector update
- The NGX Banking Index gained 72bps on WEMABANK (+6.48%), ACCESSCORP (+3.57%), UBA (+1.94%), FCMB (+1.85%), FIDELITYBK (+1.6%), and ZENITHBANK (+0.64%). GTCO (-0.08%), and STANBIC (-1.58%) lost points.
- The NGX Consumer Index gained 97bps on INTBREW (+8.7%), DANGSUGAR (+2%), and NB (+0.88%). MCNICHOLS (-1.11%) lost points.
- The NGX Oil and Gas Index gained 17bps on OANDO (+5.92%), ARADEL (+0.07%), JAPAULGOLD (-2.33%) lost points.
- The NGX Industrial Index closed flat even as AUSTINLAZ (-9.55%) lost points.
Earnings update
ARADEL, STERLINGNG
Market commentary
Trade value dropped by 4.96% to $19.33m. The market saw mixed sentiments again in today’s session. Gains in banking names and consumer goods stocks supported the market’s positive close, while weakness in MTNN weighed on performance and limited the overall advance. Buying interest was observed across key financial and consumer counters, helping the ASI finish in positive territory despite pressure from the ICT sector. The consumer goods sector led gains on the back of renewed demand in selected names, while investors continued to position in fundamentally strong banking stocks. Most of the market activities were outside of crosses. We expect mixed sentiments in the next session as investors rotate across sectors in search of value.
STOCK PICKS: GTCO, ZENITHBANK.
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