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 18 March 2026
Overview
- The Nigerian bourse closed the day on a negative note as the ASI lost 69bps. The index is up 29.27% YTD.
- The Pension Index was negative, losing 201bps on the day and is up 35.93% YTD.
- NSLTECH (+10%) topped the gainer's chart, while REDSTAREX (-9.98%) topped the loser's chart.
- ETRANZACT topped the volume chart with 5.17b, and DANGCEM topped the value chart with N56.48b.
- A total of 31 stocks gained points while 38 stocks lost points.
Sector update
- The NGX Banking Index lost 214bps on GTCO (-7.41%), UBA (-4.22%), WEMABANK (-2.35%), ACCESSCORP (-1.15%), ZENITHBANK (-1.03%), and FIDELITYBK (-1.03%), FCMB (+1.18%), and STANBIC (+1.49%) gained points.
- The NGX Consumer Index gained 119bps on GUINNESS (+9.92%), HONYFLOUR (+4.48%), NESTLE (+4.46%), CADBURY (+4.4%), DANGSUGAR (+3.99%), MCNICHOLS (+2.5%), PZ (+1.4%), and INTBREW (+0.36%). NASCON (-0.62%), NB (-0.66%), and CHAMPION (-2.11%) lost points.
- The NGX Oil and Gas Index lost 458bps on ARADEL (-9.68%), ETERNA (-4.4%), and JAPAULGOLD (-1.39%). OANDO (+0.32%) gained points.
- The NGX Industrial Index gained 46bps on AUSTINLAZ (+8.54%), WAPCO (+3.42%), and BERGER (+1.7%).
Earnings update
NIL
Market commentary
Trade value increased by 47.66% to $96.35m. The market was very active today in and outside of crosses. We saw 5.16bn ETRANZACT cross off-market at N4.69. Other market crosses seen were- 70m DANGCEM at N750.00, 1.75m NESTLE at N3,935.00, 100m WEMABANK at N27.65, 93m WAPIC at N3.15, and 20m GTCO at different price levels. Even outside of these crosses, we saw the market active trading decent volumes. Market sentiments were mixed to net negative with the ASI most impacted by losses seen in GTCO (-7.41%), ARADEL (-9.68%), and PRESCO (-9.30%).
STOCK PICKS: UBA, GTCO, ZENITHBANK.
Access latest Daily Market wrap
Have a query?
Reach out to us for assistance