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 17 July 2026
Overview
- The Nigerian bourse closed the day on a positive note as the ASI gained 54bps. The index is up 56.45% YTD.
- The Pension Index was positive, gaining 125bps on the day and is up 71.65% YTD.
- FIRSTHOLDCO (+9.97%) topped the gainer's chart, while REDSTAREX (-9.5%) topped the loser's chart.
- FIRSTHOLDCO topped both the volume and value chart with 225.91m and N20.97b respectively.
- A total of 33 stocks gained points while 17 stocks lost points.
Sector update
- The NGX Banking Index gained 313bps on FIRSTHOLDCO (+9.97%), FCMB (+2.86%), UBA (+2.82%), FIDELITYBK (+2.82%), ZENITHBANK (+2.7%), GTCO (+1.73%), WEMABANK (+1.5%), and ACCESSCORP (+1.42%).
- The NGX Consumer Index gained 21bps on UNILEVER (+2.48%), INTBREW (+0.75%), NB (+0.54%), and DANGSUGAR (+0.07%). MCNICHOLS (-1.85%), and CHAMPION (-2.08%) lost points.
- The NGX Oil and Gas Index closed flat though JAPAULGOLD (-1.01%) lost point.
- The NGX Industrial Index closed flat though CUTIX (-2.68%) lost point.
Earnings update
FIRSTHOLDCO, BUACEMENT, FIDELITYBK, NB
Market commentary
Trade value increased by 22.28% to $30.78m. The market had mixed sentiments today. Sessions started net positively on the rallies in the banking names. However, we saw most of these banking stocks moderate after midday. FIRSTHOLDCO was the most active stock, and the bulk of the volumes traded here were outside of crosses. FIRSTHOLDCO was very volatile, as it had a wide trading range of up to N16.95. Few crosses were seen in relation to the market’s volumes, and some to mention were- 6.6m NB at N75.00, 5.5m FIDELITYBK at N21.85, 3.5m BUACEMENT at N275.60 and 5m BUACEMENT at N280.00.
STOCK PICKS: GTCO, ZENITHBANK.
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