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 26 July 2024
Overview
- The Nigerian bourse closed the day on a negative note as the ASI lost 195bps. The index is up 31.33% YTD.
- OANDO (+10%) topped the gainer's chart, while ETERNA (-10%) topped the loser's chart.
- FCMB topped the volume chart with 495.62m, and TRANSPOWER topped the value chart with N10.37b.
- A total of 17 stocks gained points while 25 stocks lost points.
Sector update
- The NGX Banking Index lost 33bps on ACCESSCORP (-2.63%), GTCO (-1.68%), ZENITHBANK (-0.28%), UBA (+0.48%), FBNH (+0.48%), FIDELITYBK (+0.94%), FCMB (+8.22%) gained points.
- The NGX Consumer Index lost 14bps on HONYFLOUR (-1.59%), DANGSUGAR (-1.32%), UNILEVER (-0.28%).
- The NGX Oil and Gas Index lost 54bps on ETERNA (-10%), JAPAULGOLD (-2.62%).
- The NGX Industrial Index lost 590bps on DANGCEM (-9.99%), CUTIX (-3.38%) gained points.
Earnings update
Nil
Market commentary
Value traded increased by 123.23% to $13.44m. The market had most of its activities come from crosses today. Some notable ones to mention were: 30m TRANSPOWER at N336.60, 234m ABBEYBDS at N2.61, 16m GTCO at N44.00, 37.42m OANDO at N20.35 and 11m UBA at N21.20. In the midst of these crosses the index trend was flat for most of the day until the price of DANGCEM was hit to N591.10 (-9.99%). We expect the market to continue to have mixed sentiments in the coming week.
Access latest Daily Market wrap
Have a query?
Reach out to us for assistance