This morning Australia’s leading investment platform provider CommSec released data on the most traded ASX shares on its platform from last week.
Once again, there were a few familiar faces but also a couple of surprise entrants in the top five.
Here’s the data:
Zip Co Ltd (ASX: Z1P)
Zip shares were incredibly popular with investors again last week. It was the most traded ASX share and accounted for 3.8% of trades on the platform. And although approximately 76% of these trades came from buyers, it was not enough to stop the buy now pay later provider’s shares from sinking 15% lower over the five days.
Flight Centre Travel Group Ltd (ASX: FLT)
It wasn’t a great week for the Flight Centre share price last week. The travel agent’s shares tumbled 15.8% lower over the period amid concerns over a surge in COVID-19 cases globally. This has sparked fears that the travel sector recovery could take longer than expected. Approximately 1.9% of trades on the CommSec platform were attributable to Flight Centre, with 79% of them coming from the buy side.
Emerge Gaming Ltd (ASX: EM1)
This eSports company’s shares were popular with investors again last week and contributed 1.5% of trades on the CommSec platform. Approximately 72% of these trades came from buyers. Unfortunately for them, the Emerge Gaming share price crashed 24% lower over the five days.
Afterpay Ltd (ASX: APT)
The ever-popular Afterpay was among the most traded shares last week and was responsible for 1.4% of total trades. The buying and selling was relatively split over the period, with buyers making up 58% of the trades. The Afterpay share price lost 5.3% of its value last week amid weakness in the tech sector.
Credit Clear Ltd (ASX: CCR)
Finally, this receivables management solution provider’s shares were popular following their IPO on Monday. Credit Clear accounted for 1.3% of trades on the CommSec platform. Those buyers were rewarded with some very strong gains. The Credit Clear share price finished the week 180% higher than its IPO price of 35 cents.
Where to invest $1,000 right now
When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for more than eight years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*
Scott just revealed what he believes are the five best ASX stocks for investors to buy right now. These stocks are trading at dirt-cheap prices and Scott thinks they are great buys right now.
*Returns as of June 30th
More reading
- Laybuy (ASX:LBY) launches tap to pay digital card
- Why these 5 fintech ASX shares are surging
- These were the best performing ASX tech shares in October
- Why Zip Co Ltd (ASX:Z1P) share price is down 15% in one week
- Where to invest $1,000 into ASX shares this week
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 ZIPCOLTD FPO. The Motley Fool Australia owns shares of AFTERPAY T FPO. The Motley Fool Australia has recommended Flight Centre Travel Group Limited. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
The post Zip and Credit Clear were among the most traded shares on the ASX last week appeared first on Motley Fool Australia.
from Motley Fool Australia https://ift.tt/326z5tp
Leave a Reply