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.
