Australia’s leading investment platform provider CommSec has released data on the most traded ASX shares on its platform from last week.
Once again, there were a few regulars but also a couple of lesser known shares making the cut.
Here’s the data:
Creso Pharma Ltd (ASX: CPH)
This cannabis company was far and away the most traded share on the CommSec platform last week. Creso Pharma’s shares accounted for a massive 6.6% of trades, with 62% coming from buyers. Fortunately for them, the Creso Pharma share price rocketed 155% higher last week after a series of announcements.
Zip Co Ltd (ASX: Z1P)
This buy now pay later provider was popular with investors again last week. They were responsible for a total of 2.2% of trades on the platform. Approximately 59% of these trades came from the buy side. Investors may have been buying shares after Zip announced a deal with Facebook. However, the buying wasn’t strong enough to stop it from dropping lower for the week.
Betashares Nasdaq 100 ETF (ASX: NDQ)
This exchange traded fund (ETF) was in the top five for a second week in a row. It accounted for 1.6% of trades on the CommSec platform over the five days, with 85% of these trades coming from buyers. This ETF is particularly popular as it gives investors exposure to the likes of Apple, Amazon, Facebook, and Tesla.
Flight Centre Travel Group Ltd (ASX: FLT)
This leading travel agent’s shares were responsible for 1.4% of trades on the platform. And while 66% of these trades came from buyers, it wasn’t enough to stop the Flight Centre share price from recording its first weekly decline since October. Profit taking appears to have been behind this decline.
Nuix Ltd (ASX: NXL)
This newly listed investigative analytics and intelligence software provider caught the eye of investors last week. It accounted for 1.3% of trades on CommSec, with a whopping 93% coming from buyers. The Nuix share price has been a strong performer since listing and is currently up 55% from its IPO price of $5.31.
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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 and has recommended BETANASDAQ ETF UNITS. The Motley Fool Australia has recommended Flight Centre Travel Group Limited. 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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