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:
Brainchip Holdings Ltd (ASX: BRN)
BrainChip was the most traded share on the CommSec platform last week, accounting for 2.2% of total trades. Approximately 60% of these trades came from buyers, but that couldn’t stop the artificial intelligence technology company’s shares falling 1% over the five days. Despite this, the BrainChip share price is up almost 100% in the space of a month. This has been driven by the announcement of its first Akida IP license agreement.
Mesoblast limited (ASX: MSB)
Mesoblast shares were popular with investors last week and accounted for 2% of trades on the CommSec platform. While the buying and selling was evenly split, the buyers will certainly have been the happier group. The biotech company’s shares jumped over 9% last week thanks to the release of positive data from a heart failure phase 3 trial.
This buy now pay later giant was responsible for 1.7% of shares on CommSec last week. And although only 40% of these came from the buy side, it couldn’t stop the Afterpay share price storming almost 15% higher to a new record high. This appears to have been driven by the successful IPO of rival Affirm in the United States and a positive broker note out of Morgan Stanley.
CSL Limited (ASX: CSL)
Another ASX share that was popular with CommSec users was CSL. The biotherapeutics company’s shares were attributable for 1.5% of trades on the platform, with a massive 83% coming from buyers. Unfortunately for them, the CSL share price fell 5% over the five days. This appears to have been driven by concerns over plasma collection headwinds.
Betashares Nasdaq 100 ETF (ASX: NDQ)
This exchange traded fund (ETF) was popular with investors again last week and was accountable for 1.5% of trades on CommSec. Once again, the buying was strong, with 80% of trades coming from the buy side. This ETF is proving to be very popular with investors as it gives them exposure to the likes of Apple, Amazon, Facebook, and Tesla.
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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 BETANASDAQ ETF UNITS and CSL Ltd. 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.