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 15 August 2025
Overview
- The Nigerian bourse closed the day on a negative note as the ASI lost 46bps. The index is up 40.52% YTD.
- MBENEFIT (+10%) topped the gainer's chart, while LASACO/ LINKASSURE/ INTENEGINS (-10%) topped the loser's chart.
- UNIVINSURE topped the volume chart with 308.8m, and GTCO topped the value chart with N2.01b.
- A total of 30 stocks gained points while 38 stocks lost points.
Sector update
- The NGX Banking Index gained 56bps on WEMABANK (+9.9%), ETI (+1.97%), ACCESSCORP (+1.08%), ZENITHBANK (+0.56%), and GTCO (+0.51%). FIDELITYBK (-0.24%), UBA (-0.62%), and FCMB (-1.35%) lost points.
- The NGX Consumer Index lost 32bps on INTBREW (-4.62%), and HONYFLOUR (-1.3%), UNILEVER (+0.14%), CHAMPION (+3.16%), and DANGSUGAR (+6.57%) gained points.
- The NGX Oil and Gas Index lost 5bps on OANDO (-0.48%).
- The NGX Industrial Index closed flat even as MEYER (-9.95%) lost points. CUTIX (+1.27%), AUSTINLAZ (+3%), and TRIPPLEG (+8.32%) gained points.
Earnings update
VITAFOAM, UCAP, AFRIPRUD, DANGCEM, TRANSPOWER
Market commentary
Value traded dropped by 37.24% to $9.03m. The Nigerian Bourse was relatively quiet as we saw very few crossed in today’s session. Crosses to mention were- 10m GTCO at N97.50, and 5m FIDELITYBK at N20.90. The market saw negative sentiments in most spaces. Profit taking continued in Insurance names, as many of them traded on offer at certain points during the day. We expect market sentiments to remain negative on Monday.
STOCK PICKS: UBA, GTCO, ZENITHBANK, MTNN.
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