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:
Zip Co Ltd (ASX: Z1P)
Zip's shares were the most popular shares among CommSec investors last week, accounting for a sizeable 5% of trades. Approximately 58% of these trades came from buyers, who will have been delighted to see the Zip share price surged 13% higher over the five days. The catalyst for this was a strong Q3 update.
Betashares Nasdaq 100 ETF (ASX: NDQ)
The Betashares Nasdaq 100 ETF was popular with investors again last week. Its units accounted for 1.7% of trades on the platform, with a massive 80% of them coming from buyers. Investors may have been piling in due to a pullback in bond yields.
Brainchip Holdings Ltd (ASX: BRN)
This artificial intelligence technology company's shares were attributable to 1.5% of trades last week. Almost two-thirds of these trades came from the buy side, which helped drive the BrainChip share price 14% higher for the week. News that the company has begun manufacturing its neuromorphic processor chip for edge AI devices gave its shares a boost.
BetaShares Global Sustainability Leaders ETF (ASX: ETHI)
A new entry to the top five is this ethical investing ETF. It accounted for 1.3% of trades during the period, with buyers accounting for 85% of the volume. This ETF invests in sustainable and ethical companies and has now recorded three straight weeks of gains.
Afterpay Ltd (ASX: APT)
The ever-popular Afterpay makes the top five yet again. The payments giant's shares were attributable to 1.1% of trades on CommSec. And despite the Afterpay share price rising almost 4.5%, only 46% of the volume came from buyers. This morning Afterpay released its third quarter update and revealed that underlying sales continue to grow at a rapid rate globally.
