Airtasker and Zip were among the most traded ASX shares last week

Airtasker Ltd (ASX:ART) and Zip Co Ltd (ASX:Z1P) shares were among the most traded shares on the CommSec platform last week.

| More on:
Rising asx share price represented by woman with excited expression holding laptop

Image source: Getty Images

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

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:

Airtasker Ltd (ASX: ART)

Airtasker shares may have only been listed on the Australian share market for four days last week but they were still far and away the most traded shares on CommSec. Over the period, the jobs marketplace provider's shares accounted for a massive 7.9% of trades on the platform, with buyers accounting for 72% of them. The Airtasker share price finished the week 122% higher than its IPO price of 65 cents.

Zip Co Ltd (ASX: Z1P)

Zip shares were popular with investors again last week and accounted for 2.5% of trades on the platform. And although 53% of these came from buyers, it couldn't stop the Zip share price from sinking 6.5% lower over the five days. This was the fifth week in a row of declines for the buy now pay later provider's shares.

Freedom Foods Group Ltd (ASX: FNP)

This diversified food company's shares accounted for 2.1% of trades last week, with buyers responsible for 68% of them. Those buyers may have been bargain hunters swooping in after the Freedom Foods share price crashed lower after returning from a nine-month suspension. The company's shares fell 83% over the five days.

88 Energy Ltd (ASX: 88E)

88 Energy shares were popular last week. The energy company's shares were responsible for 2% of trades on CommSec. From this, buyers made up 59% of the trading volume. These investors will have been delighted to see the 88 Energy share price jump 82% over the week. This appears to have been driven by optimism over its Merlin-1 project in Alaska.

Brainchip Holdings Ltd (ASX: BRN)

This artificial intelligence technology company's shares returned to the top five after accounting for 1.5% of trades. And although 57% of trades came from sellers, the BrainChip share price fell less than 1%. Earlier this month the company announced the surprise exit of its CEO with immediate effect.

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 has recommended Freedom Foods Group Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

More on Share Market News

Three hikers lift their arms in jubilation as they reach a rocky peak overlooking a sensational view of water and mountains with a blue sky surrounding them.
Share Gainers

Here are the top 10 ASX 200 shares today

The ASX 200 has hit three out of three days of gains this week.

Read more »

St Barbara share price Minder underground looks excited a he holds a nugget of gold he has discovered.
Gold

2 ASX gold shares making big news today (one up 300%!)

How is this ASX gold share up more than 300% right now?

Read more »

Modern accountant woman in a light business suit in modern green office with documents and laptop.
Opinions

Would I still buy Wesfarmers shares as they hit all-time highs?

Is Wesfarmers stock still a good buy at the current level?

Read more »

Investor sitting in front of multiple screens watching share prices
Broker Notes

Top brokers name 3 ASX shares to buy today

Here's what brokers are recommending as buys this week.

Read more »

Two men and woman sitting in subway train side by side, reading newspaper
Financial Shares

Why this ASX 200 stock is making front-page news across the country

History is being written today as a 138-year-old company goes under the knife.

Read more »

A male investor wearing a blue shirt looks off to the side with a miffed look on his face as the share price declines.
Share Fallers

Why Judo Capital, NAB, Paladin Energy, and Perpetual shares are falling today

These shares are under pressure on Wednesday. But why?

Read more »

Two happy excited friends in euphoria mood after winning in a bet with a smartphone in hand.
Share Gainers

Why Flight Centre, Nine Entertainment, Polynovo, and QANTM shares are pushing higher

These shares are having a good time on hump day. But why?

Read more »

Three coal miners smiling while underground
Energy Shares

Up 9% in a month, this ASX 300 stock is my top pick for May

I think this ASX coal miner has plenty of tailwinds.

Read more »