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 29 January 2026
Overview
- The Nigerian bourse closed the day on a positive note as the ASI gained 22bps. The index is up 6.37% YTD.
- RTBRISCOE (+10%) topped the gainer's chart, while HMCALL (-9.84%) topped the loser's chart.
- CUTIX topped the volume chart with 144.62m, and ARADEL topped the value chart with N2.67b.
- A total of 40 stocks gained points while 27 stocks lost points.
Sector update
- The NGX Banking Index gained 68bps on FCMB (+4.98%), ACCESSCORP (+0.88%), WEMABANK (+0.67%), and ZENITHBANK (+0.49%). GTCO (-0.15%) lost points.
- The NGX Consumer Index gained 46bps on INTBREW (+3.57%), MCNICHOLS (+2.92%), and UNILEVER (+1.3%). CADBURY (-0.89%), and CHAMPION (-1.06%) lost points.
- The NGX Oil and Gas Index gained 10bps on OANDO (+2.15%). JAPAULGOLD (-6.72%) lost points.
- The NGX Industrial Index closed flat as AUSTINLAZ (-7.5%) lost point, while BERGER (+1.87%) gained points.
Earnings update
TOTAL FY2025, FCMB FY2025, BUAFOODS FY2025,
Market commentary
Value traded dropped by 11.83% to $11.08m. The market had most of its activities in crosses, as we saw 1m ARADEL cross off-market at N770.00 and 140m CUTIX at N3.20. Market crosses seen were- 20m GTCO at N98.85 and 120k NESTLE at N2,000.00. ZENITHBANK traded decent volumes outside of crosses, while the rest of the market was quiet. Market sentiments were mixed to net positive for most of today, and most of the quality names only had moderate to marginal price movements. We expect sentiments to remain positive tomorrow.
STOCK PICKS: UBA, GTCO, ZENITHBANK, MTNN.
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