A2 Milk and EML were among the most traded ASX shares last week

A2 Milk Company Ltd (ASX:A2M) and EML Payments Ltd (ASX:EML) shares were among the most traded shares on the CommSec platform last week.

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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:

EML Payments Ltd (ASX: EML)

This payments company’s shares were the most traded on CommSec last week, accounting for 2.1% of total trades. And despite the EML share price losing 35% of its value, approximately two-thirds of the volume came from buyers. They may have swooped in after the company’s shares crashed lower amid concerns over Anti-Money Laundering and Counter-Terrorism Financing compliance for its European business.

Zip Co Ltd (ASX: Z1P)

This ever-popular buy now pay later provider’s shares were heavily traded last week and were attributable to 2% of trades on the platform. Just over half of the volume came from the buy side, which helped drive the Zip share price 3.1% higher for the week.

Betashares Nasdaq 100 ETF (ASX: NDQ)

Once gain, the Betashares Nasdaq 100 ETF was popular with investors and attributable to 1.7% of trades on CommSec. A total of 81% of the volume came from buyers, who will have been pleased to see the ETF gain 2.1% over the five days. A rebound in tech stocks helped to drive the famous Nasdaq 100 index higher last week.

Afterpay Ltd (ASX: APT)

This payments company’s shares were responsible for 1.5% of trades on the platform, with just over half coming from buyers. Despite the broadly even split, the Afterpay share price jumped almost 8% last week. A broker upgrade by Macquarie appears to have been the catalyst for this strong gain.

A2 Milk Company Ltd (ASX: A2M)

This infant formula company’s shares finally found favour with investors last week, with 1.5% of trades on CommSec involving the former market darling. Just under two-thirds of the volume was attributable to buyers, which helped to snap the company’s four-week losing streak with a modest gain.

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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 and recommends EML Payments. The Motley Fool Australia's parent company Motley Fool Holdings Inc. owns shares of AFTERPAY T FPO, BETANASDAQ ETF UNITS, and ZIPCOLTD FPO. The Motley Fool Australia has recommended A2 Milk, BETANASDAQ ETF UNITS, and EML Payments. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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