Australia’s leading investment platform provider CommSec has released data on the most traded ASX shares on its platform from last week.
Here’s the data:
Zip Co Ltd (ASX: Z1P)
Zip’s shares were the most popular shares among CommSec investors last week, accounting for a sizeable 5% of trades. Approximately 58% of these trades came from buyers, who will have been delighted to see the Zip share price surged 13% higher over the five days. The catalyst for this was a strong Q3 update.
Betashares Nasdaq 100 ETF (ASX: NDQ)
The Betashares Nasdaq 100 ETF was popular with investors again last week. Its units accounted for 1.7% of trades on the platform, with a massive 80% of them coming from buyers. Investors may have been piling in due to a pullback in bond yields.
Brainchip Holdings Ltd (ASX: BRN)
This artificial intelligence technology company’s shares were attributable to 1.5% of trades last week. Almost two-thirds of these trades came from the buy side, which helped drive the BrainChip share price 14% higher for the week. News that the company has begun manufacturing its neuromorphic processor chip for edge AI devices gave its shares a boost.
BetaShares Global Sustainability Leaders ETF (ASX: ETHI)
A new entry to the top five is this ethical investing ETF. It accounted for 1.3% of trades during the period, with buyers accounting for 85% of the volume. This ETF invests in sustainable and ethical companies and has now recorded three straight weeks of gains.
Afterpay Ltd (ASX: APT)
The ever-popular Afterpay makes the top five yet again. The payments giant’s shares were attributable to 1.1% of trades on CommSec. And despite the Afterpay share price rising almost 4.5%, only 46% of the volume came from buyers. This morning Afterpay released its third quarter update and revealed that underlying sales continue to grow at a rapid rate globally.
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More reading
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- Why Accent, Bank of Queensland, Freelancer, & Zip shares are pushing higher
- Afterpay (ASX:APT) share price: Is a US listing a game changer?
- ASX 200 down 0.4%: Afterpay delivers stellar Q3 growth, Rio Tinto Q1 update
James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of BETANASDAQ ETF UNITS and ZIPCOLTD FPO. The Motley Fool Australia owns shares of AFTERPAY T FPO. The Motley Fool Australia has recommended BETANASDAQ ETF UNITS. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.
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