Mega ASX 200 iron ore shares BHP Group Ltd (ASX: BHP) and Fortescue Ltd (ASX: FMG) were the top two most traded ASX stocks last month among investors using the SelfWealth trading platform.
Let’s review the top 10.
Top 10 most traded ASX shares in June
Here are the top 10 most traded ASX shares in June by volume (thus incorporating both buy and sell orders), according to Selfwealth Ltd (ASX: SWF).
We have also included the percentage of buy orders next to each ASX share.
| Rank | Top ASX shares by trading volume | Percentage of buy orders |
| 1 | BHP Group Ltd (ASX: BHP) | 66.5% |
| 2 | Fortescue Ltd (ASX: FMG) | 67.8% |
| 3 | Pilbara Minerals Ltd (ASX: PLS) | 62% |
| 4 | DroneShield Ltd (ASX: DRO) | 57.8% |
| 5 | Woodside Energy Group Ltd (ASX: WDS) | 53.5% |
| 6 | Mineral Resources Ltd (ASX: MIN) | 63% |
| 7 | ANZ Group Holdings Ltd (ASX: ANZ) | 47.2% |
| 8 | Summit Minerals Ltd (ASX: SUM) | 52.4% |
| 9 | Rio Tinto Ltd (ASX: RIO) | 58.8% |
| 10 | Dimerix Ltd (ASX: DXB) | 59.6% |
Which ASX shares attracted the most buyer interest?
As you can see, ASX 200 mining giant Fortescue received the most buy orders among the top 10 shares.
The Fortescue share price tumbled 13.46% during the month of June. Perhaps investors saw greater value in the stock as the price declined.
Fortescue shares are now trading on a price-to-earnings (P/E) ratio of 7.92x. The Fortescue share price closed on Friday at a nine-month low of $22.10.
Top broker Goldman Sachs has a sell rating on Fortescue with a 12-month share price target of $16.20. But Michael Gable from Fairmont Equities says Fortescue shares are a buy.
BHP shares had the second strongest buying activity during the month.
The BHP share price closed on Friday at $43.40. Goldman has a buy rating on BHP with a 12-month price target of $48.40.
The iron ore price has been falling, and one major bank forecasts that the commodity will weaken further over the next year or so.
On Friday, the S&P/ASX 200 Index (ASX: XJO) closed at 7,959.3 points. It reached a new record high during intraday trading at 7,969.1. This was driven by news out of the US that inflation is easing.
The S&P/ASX All Ordinaries Index (ASX: XAO) closed at 8,206.1 points. The All Ords also set a new record high during intraday trading at 8,212.6 points.
Top 10 most traded US stocks in June
Here are the top 10 most traded US stocks in June among SelfWealth traders.
| Rank | Top US stocks by trading volume | Percentage of buy orders |
| 1 | NVIDIA Corp (NASDAQ: NVDA) | 80.7% |
| 2 | GameStop Corp (NYSE: GME) | 71% |
| 3 | Tesla Inc (NASDAQ: TSLA) | 59.3% |
| 4 | Advanced Micro Devices, Inc. (NASDAQ: AMD) | 58.6% |
| 5 | Apple Inc (NASDAQ: AAPL) | 48.% |
| 6 | Marathon Digital Holdings Inc (NASDAQ: MARA) | 58.2% |
| 7 | Amazon.com Inc (NASDAQ: AMZN) | 59% |
| 8 | Microsoft Corp (NASDAQ: MSFT) | 68.5% |
| 9 | GigaCloud Technology Inc (NASDAQ: GCT) | 61.8% |
| 10 | Alphabet Inc Class A (NASDAQ: GOOGL) | 57% |
As shown, the quintessential artificial intelligence stock NVIDIA had the highest percentage of buy orders among the top 10 US shares.
The post Top 10 most traded ASX shares and US stocks in June appeared first on The Motley Fool Australia.
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John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Foolâs board of directors. Suzanne Frey, an executive at Alphabet, is a member of The Motley Foolâs board of directors. Motley Fool contributor Bronwyn Allen has positions in Anz Group, BHP Group, and Woodside Energy Group. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Advanced Micro Devices, Alphabet, Amazon, Apple, DroneShield, Goldman Sachs Group, Microsoft, Nvidia, and Tesla. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has recommended the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool Australia has recommended Advanced Micro Devices, Alphabet, Amazon, Apple, Microsoft, and Nvidia. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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