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 23 April 2025
Overview
- The Nigerian bourse closed the day on a positive note as the ASI gained 52bps. The index is up 2.29% YTD.
- ABCTRANS (+9.86%) topped the gainer's chart, while TRIPPLEG (-10%) topped the loser's chart.
- FIDELITYBK topped both the volume and value chart with 388.77m and N7.75b respectively.
- A total of 34 stocks gained points while 17 stocks lost points.
Sector update
- The NGX Banking Index gained 293bps on FIDELITYBK (+8.29%), UBA (+5.91%), ACCESSCORP (+4.64%), GTCO (+1.67%), and ZENITHBANK (+0.22%). FCMB (-0.55%) lost points.
- The NGX Consumer Index gained 125bps on DANGSUGAR (+8.48%), INTBREW (+5.79%), NASCON (+4.65%), HONYFLOUR (+2.21%), CHAMPION (+1.27%), and VITAFOAM (+0.27%).
- The NGX Oil and Gas Index lost 30bps on MRS (-9.95%).
- The NGX Industrial Index closed flat on TRIPPLEG (-10%).
Earnings update
Nil
Market commentary
Value traded increased by 154.12% to $11.38m. The market had the bulk of its activities come from few names including FIDELITYBK, GTCO, and MTNN. These names were active in crosses and some crosses seen were- 250m FIDELITYBK at N20.25, 40m FIDELITYBK at N19.05, 8.5m MTNN at N239.00, 750k MTNN at N240.00, 27m GTCO at N61.00, and 5m GTCO at N60.70. Market sentiments were mixed, for most of today, but closed the day positive. The Bulk of market gains seen were at the beginning and end of the day’s session. We expect market sentiments to be mixed tomorrow.
STOCK PICKS: UBA, GTCO, NESTLE, MTNN.
Access latest Daily Market wrap
Have a query?
Reach out to us for assistance