Welcome to Stanbic IBTC Stockbrokers
The largest stockbroking house in Nigeria, providing a comprehensive range of trading products and services
View Market Summary
As at September 14, 2021
| Top Gainer & Loser | ||||
|---|---|---|---|---|
|
||||
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.).
/OTC_Portrait_SQ.jpg.jpg)
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.
Open an account with us
Applying as an individual?
Applying as a Corporation?
Market Summary for 10 February 2026
Overview
- The Nigerian bourse closed the day on a positive note as the ASI gained 165bps. The index is up 13.62% YTD.
- JOHNHOLT/ ETRANZACT/ OMATEK/ DEAPCAP (+10%) topped the gainer's chart, while ABBEYBDS (-9.82%) topped the loser's chart.
- DEAPCAP topped the volume chart with 283.12m, and MTNN topped the value chart with N6.8b.
- A total of 65 stocks gained points while 22 stocks lost points.
Sector update
- The NGX Banking Index gained 183bps on WEMABANK (+4.21%), FIDELITYBK (+3.91%), ACCESSCORP (+3.88%), UBA (+2.79%), ZENITHBANK (+2.42%), GTCO (+0.8%), and STANBIC (+0.43%). FCMB (-2.16%) lost points.
- The NGX Consumer Index gained 18bps on VITAFOAM (+9.98%), PZ (+7.14%), HONYFLOUR (+6.54%), CADBURY (+4.69%), DANGSUGAR (+4.02%), MCNICHOLS (+2.5%), and NB (+0.12%). CHAMPION (-1.09%), and INTBREW (-1.96%) lost points.
- The NGX Oil and Gas Index gained 297bps on ARADEL (+7.14%), JAPAULGOLD (+3.45%), and ETERNA (+0.45%). OANDO (-2.13%) lost points.
- The NGX Industrial Index gained 293bps on WAPCO (+9.95%), BUACEMENT (+4.92%), and CUTIX (+0.54%). AUSTINLAZ (-2%) lost points.
Earnings update
NIL
Market commentary
Value traded increased by 17.5% to $37.11m. The Nigerian bourse was very active today in and outside of crosses. Some of the noteworthy crosses were- 252.86m DEAPCAP at N6.80 (off-market), 72m ACCESSCORP at N23.80, 21m GTCO at N101.00, 10m CUSTODIAN at N55.00, 11m NB at N80.50, 2m MTNN at N645.00, and 1m MTNN at N640.00. ZENITHBANK, WAPCO and ARADEL traded decent volumes outside of crosses. Market trends were also bullish with decent gains seen in names like- MTNN (+3.71%), BUACEMENT (+4.92%), WAPCO (+9.95%) and DANGSUGAR (+4.09%). This bullish trend comes after the Pension commission announces an increase in the equities holding capacity of certain fund types.
STOCK PICKS: UBA, GTCO, ZENITHBANK, MTNN.
Access latest Daily Market wrap
Have a query?
Reach out to us for assistance