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

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

| More on:
diverse Group studying together

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:

88 Energy Ltd (ASX: 88E)

For a second week in a row, this oil and gas exploration company's shares were easily the most traded share on the CommSec platform. 88 Energy's shares accounting for 4.1% of trades, with 56% of the volume coming from buyers. Unfortunately for those buyers, the 88 Energy share price crashed 63% lower last week. This follows a disappointing update on its Merlin-1 project in northern Alaska.

Zip Co Ltd (ASX: Z1P)

Zip's shares were popular with investors once again last week. The buy now pay later provider's shares were attributable to 2.5% of trades on the platform, with 59% coming from the buy side. Positively, the Zip share price climbed 7.4% over the week and has continued its ascent this week thanks to a strong Q3 update today.

Red Sky Energy Limited (ASX: ROG)

This oil and gas acquisition and development company remains in the top five after accounting for 2.1% of trades on CommSec. And although almost two-thirds of these trades came from buyers, it couldn't stop the Red Sky Energy share price falling 14% during the four days. This was despite the company revealing that its operations had exposure to an estimated 6.4m barrels of oil-equivalent.

Betashares Nasdaq 100 ETF (ASX: NDQ)

The Betashares Nasdaq 100 ETF was popular with investors last week. Its units were attributable to 1.9% of trades on the platform, with 68% of trades coming from buyers. A pullback in bond yields appears to have attracted investors to the tech-heavy index. Its units rose almost 4% last week.

Afterpay Ltd (ASX: APT)

As always, Afterpay's shares were heavily traded last week. The payments giant's shares were responsible for 1.4% of trades on CommSec. However, despite the Afterpay share price rising 15% over the four trading days, only 44% of trades came from buyers. Its shares took off following a positive update on its Afterpay Day event in the United States.

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 ZIPCOLTD FPO. 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.

More on Share Market News

Share Market News

Why Calix, Collins Foods, Myer, and Patriot Battery Metals shares are charging higher

The S&P/ASX 200 Index (ASX: XJO) is back on form and charging higher on Tuesday. In afternoon trade, the benchmark index…

Read more »

Man in yellow hard hat looks through binoculars as man in white hard hat stands behind him and points.

Are Fortescue shares a contrarian buy after falling 20% in a month?

Are investors putting too much weight on the jitters of the market or is the Fortescue fall fair?

Read more »

A young woman wearing a blue and white striped t-shirt blows air from her cheeks and looks up and to the side in a sign of disappointment after the ASX shares she owns went down today
Share Fallers

Why DroneShield, Paladin Energy, Red 5, and Synlait shares are falling

These shares are having a tough time on Tuesday. But why?

Read more »

Man raising both his arms in the air with a piggy bank on his lap, symbolising a record high.
Bank Shares

Nine-year highs: NAB share price glides to highest level since 2015!

The bank has notched up another inflection point today.

Read more »

ANZ ASX 200 banks capital return Group of investors madly grabbing for cash on city street.
Healthcare Shares

ResMed shares rebounding as investors rush to buy the dip

ResMed is rising as ASX investors buy the dip following yesterday's 13% share price dive.

Read more »

A woman screams and holds her hands up in frustration.
Share Market News

Why is short interest in Sayona Mining shares growing?

Why won't short sellers leave this lithium miner alone?

Read more »

A woman in a bright yellow jumper looks happily at her yellow piggy bank representing bank dividends and in particular the CBA dividend
Bank Shares

CBA shares hit another new high! Too late to buy?

At today's new record price, CBA's market capitalisation is just $1 billion short of the ASX 200's most valuable stock,…

Read more »

A group of stockbrokers sit in a room with several computer screens in front of them as they discuss the Zip share price and Zip's merger with Sezzle
Broker Notes

Why these 3 ASX 200 shares just gained significant broker upgrades

The brokers just boosted their outlooks for these ASX 200 shares. But why?

Read more »