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 28 July 2025
Overview
- The Nigerian bourse closed the day on a positive note as the ASI gained 53bps. The index is up 31.32% YTD.
- ACADEMY (+9.99%) topped the gainer's chart, while LIVESTOCK (-10%) topped the loser's chart.
- FIDELITYBK topped both the volume and value chart with 123.01m and N2.58b respectively.
- A total of 45 stocks gained points while 25 stocks lost points.
Sector update
- The NGX Banking Index lost 69bps on ZENITHBANK (-1.76%), ACCESSCORP (-1.44%), FIDELITYBK (-0.94%), and UBA (-0.74%). GTCO (+0.11%), WEMABANK (+0.25%), and ETI (+6.25%) gained points.
- The NGX Consumer Index gained 129bps on CHAMPION (+9.98%), INTBREW (+6.58%), UNILEVER (+6.3%), MCNICHOLS (+1.12%), DANGSUGAR (+0.43%), and NB (+0.07%). CADBURY (-0.22%), PZ (-0.54%), and NASCON (-1.68%) lost points.
- The NGX Oil and Gas Index gained 22bps on OANDO (+1.92%).
- The NGX Industrial Index gained 64bps on TRIPPLEG (+9.97%), WAPCO (+3.16%), and DANGCEM (+0.3%). CUTIX (-4.88%) lost points.
Earnings update
VITAFOAM, UCAP, AFRIPRUD, DANGCEM, TRANSPOWER
Market commentary
Value traded dropped by 4.14% to $15.14m. Market activities were dominated by cross in today’s session, and volumes were low in most spaces outside of these crosses. Some of the significant crosses today were- 111m FIDELITYBK at N21.00, 12m ZENITHBANK at N72.00, 6.77m GTCO at N94.25, 1m DANGCEM at N494.50, 1.3m MTNN at N410.20, and 14.63m FCMB at N9.80. market sentiments were mixed/ net positive. However, gains in names like MTNN (+2.65%), WAPCO (+3.16%) and ETI (+6.25%) contributed to the market closing on a positive note today. We expect market sentiments to be mixed tomorrow.
STOCK PICKS: UBA, GTCO, ZENITHBANK, MTNN.
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