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)
This buy now pay later provider’s shares were the most traded on the CommSec platform last week, accounting for 1.9% of trades. And although 57% of the volume came from the buy side, it wasn’t enough to stop the Zip share price from falling 3.1% over the five days. This reversed the gains the company’s shares made a week earlier after announcing its expansion into Europe and the Middle East.
BetMakers Technology Group Ltd (ASX: BET)
This betting technology company’s shares were popular last week. They were attributable to 1.6% of trades on the platform, with almost two-thirds of the volume coming from buyers. Unfortunately, this couldn’t stop the BetMakers share price from crashing 22% lower during the week. Concerns over its $4 billion takeover approach for the Tabcorp Holdings Limited (ASX: TAH) Wager and Media business have been weighing on its shares.
Betashares Nasdaq 100 ETF (ASX: NDQ)
Investors were buying this popular ETF again last week. The Betashares Nasdaq 100 ETF accounted for 1.5% of trades on CommSec, with 81% coming from buyers. The technology-focused ETF traded broadly flat during the five days but is up over 6% year to date.
Nuix Ltd (ASX: NXL)
This investigative analytics company’s shares were heavily traded last week, accounting for 1.3% of trades on the platform. And despite buyers being responsible for 77% of the volume, they couldn’t prevent the Nuix share price from sinking 23% during the week. The Nuix share price was sold off after it downgraded its guidance once again. Nuix shares have lost two-thirds of their value in 2021.
BetaShares Global Sustainability Leaders ETF (ASX: ETHI)
Finally, this ethical investment focused ETF was in demand with investors last week. Its unit were attributable to 1.2% of trades on CommSec. A massive 84% of these trades came from buyers, helping to drive the ETF up 1% for the week.