Connect with us

Stock Market

5 Best Performing Semiconductor Stocks Record an Average ROI of 27% YTD

Published

on

Stock - Investors King

Top Five Best Performing Semiconductor Stocks Gained 27 Percent  ROI  YTD

Data presented by Stock Apps indicates that the five best performing semiconductor stocks have an ROI of 27.2%. The ROI is on a Year-to-Date basis.

Semiconductor stocks soar amid 5G evolution

According to the data, Lattice Semiconductor Corporation has the highest ROI at 47.4% followed by Taiwan Semiconductor Manufacturing Company with returns of 34.09%.

QUALCOMM Inc has recorded the third highest ROI at 32.34% while Broadcom Inc. lies in the fourth spot with returns of 12.98%. Texas Instruments Incorporated closes the best performing ROI stocks at 9.2%.

Several factors led by emerging technologies have spurred the growth of semiconductor stocks. According to the research report:

The semiconductors’ stocks are expected to keep soaring as the world aggressively continues to shift towards the highly publicized 5G network. There has been an increasing demand for high speed hence the accelerated deployment of 5G technology. The technology promises a higher speed than the current 4G due to low latency. The industry stocks are now emerging as a perfect portfolio diversifier. Currently, many manufacturers are focusing on the mass production of 5G phones. With the production, 4G phones are expected to phase out giving prominence to semiconductor companies.

The Stock Apps research also reviewed the five poorly performing semiconductors where Tower Semiconductor is the worst-performing at -25.15%. Intel Corporation has an ROI of -15.86% while ON Semiconductor Corporation ROI’s stands at -13.08%. Micron Technology returns stand at -8.44% while NXP Semiconductors N.V has an ROI of -4.08%.

CEO/Founder Investors King Ltd, a foreign exchange research analyst, contributing author on New York-based Talk Markets and Investing.com, with over a decade experience in the global financial markets.

Continue Reading
Comments

Dividends

Total Nigeria to Pay N1.358 Billion Interim Dividend in H1 2021

Published

on

Dividend - Investors King

Following a strong positive first half (H1) of the year results, Total Nigeria Plc has proposed to pay a total sum of N1.358 billion in interim dividend for the period ended June 30, 2021.

The amount represents an interim dividend of N4 per 50 kobo ordinary share, according to the statement signed by Bunmi Popoola-Mordi, Company Secretary, Total Nigeria Plc.

Dividends, subject to appropriate withholding tax and approval, will be paid to shareholders whose names appear in the Register of Members as at the close of business on the 13th of August, 2021.

On payment, the company said dividends will be paid electronically to shareholders whose names appear on the Register of Members as at 13th of August, 2021, and who have completed the e-dividend registration and mandated the Registrar to pay their dividends directly into their Bank accounts.

The Register of Shareholders will be closed from Monday the 16th Day of August, 2021 to Friday the 20th Day of August, 2021.

However, shareholders who are yet to complete the e-dividend registration are advised to download the Registrar’s E-Dividend Mandate Activation Form, also available on the company’s Registrars website: https://cardinalstoneregistrars.com/wpcontent/uploads/2017/11/EDMMS-Upload-Form.pdf complete and submit to the Registrar or their respective Banks.

Total Nigeria grew profit after tax by 1,601 percent from -N537.188 million posted in the first half of 2020 to N8.1 billion in the first half of 2021.

At the just concluded Annual General Meeting, Stanislas Mittelman, the chairman of Total Nigeria, said: “We are in an era of transformation, Total’s new ambition is to achieve net zero emissions by 2050 together with the society.”

This, he said, “is in consonance with the federal government of Nigeria’s national gas expansion programme. Going forward, the federal government has announced that compressed natural gas, liquefied petroleum gas and liquefied natural gas are expected to be the fuel of choice for many government-owned cars.”

Continue Reading

Nigerian Stock Exchange

Total, Dangote Cement, Oando Bolster Stock Market on Thursday

Published

on

Nigerian Exchange Limited - Investors King

The Nigerian Exchange Limited closed in the green on Thursday following renewed interest in the shares of Total, Cutix, Oando, Dangote Cement and others.

Investors transacted 203,110,772 shares worth N1.724 billion in 3,969 deals during the trading hours of Thursday.

Market capitalisation of listed stocks improved to N20.104 trillion while the Nigerian Exchange Limited (NGX) All-Share Index rose by 1.67 percent to 38,585.52 index points.

Total led gainers with N16.80 or 10 percent to settle at N184.80 after posting a 1601 percent jump in profit after tax for the first half of 2021. Cutix and Oando trailed Total with 9.77 percent and 9.73 percent, respectively. See the details below.

Top Gainers 

Symbols Last Close Current Change %Change
TOTAL N 168.00 N 184.80 16.80 10.00 %
CUTIX N 3.99 N 4.38 0.39 9.77 %
OANDO N 3.29 N 3.61 0.32 9.73 %
DANGCEM N 230.00 N 248.00 18.00 7.83 %
COURTVILLE N 0.22 N 0.23 0.01 4.55 %

Top Loses

Symbols Last Close Current Change %Change
AIICO N 1.15 N 1.05 -0.10 -8.70 %
SOVRENINS N 0.31 N 0.29 -0.02 -6.45 %
VERITASKAP N 0.25 N 0.24 -0.01 -4.00 %
LIVESTOCK N 1.97 N 1.90 -0.07 -3.55 %
ARDOVA N 15.50 N 15.00 -0.50 -3.23 %

Top Trades

Symbols Volume Value
STERLNBANK 22486587.00 33803335.32
UCAP 16900746.00 115108129.76
FIDELITYBK 14062166.00 33687988.59
WEMABANK 13959610.00 12244069.82
GTCO 13300585.00 392121611.75

Continue Reading

Bonds

C&I Leasing Plc Lists N10 Billion Senior Secured Fixed Rate Bonds on Nigerian Exchange Limited (NGX)

Published

on

C&I Leasing - Investors King

C&I Leasing Plc has listed N10 billion 7 years 15.5 percent Senior Secured Fixed Rate Bonds due 2028 on the Nigerian Exchange Limited (NGX).

The bonds issued under the company’s N20 billion bond issuance programme has series number two (2) and 10,000,000 at N1,000 par value.

See the remaining details below.

Issuer – C & I Leasing Plc
Security Name – 15.5% CIL JUN 2028
Symbol Code – CIL2028S2
ISIN Code – NGCIL2028S16
Bond Description – 7 Year 15.5% Senior Secured Fixed Rate Bonds Due 2028
Program Amount – N20,000,000,000
Series Number – Two (2)
Volume – 10,000,000
Par value – N1,000
Series Amount – N10,000,000,000
Price – 100% at par
Coupon – 15.5%
Issue Date – 3 June 2021
Maturity Date – 3 June 2028
Tenor – 7 years
Coupon Commencement Date – Coupon shall accrue from the Issue date

Coupon Basis – Fixed rate
Book Building Opened – 21 April 2021
Book Building Closed – 17 May 2021
Stockbrokers  are Apel Asset Limited, Bestworth Assets & Trust Limited and Cordros Securities Limited.

Continue Reading




Advertisement
Advertisement
Advertisement

Trending