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:
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Zip Co Ltd (ASX: Z1P)
This buy now pay later provider's shares were once again the most traded on the CommSec platform last week. Zip's shares accounted for 2.2% of trades on the platform, with the buying and selling largely even. The buyers will have been the happier group of investors, though. The Zip share price rose 2.6% during the week after tech shares rebounded.
National Australia Bank Ltd (ASX: NAB)
This banking giant's shares were attributable to 1.4% of trades on the platform last week. However, despite 74% of the volume coming from buyers, it couldn't stop the NAB share price from losing 3.8% of its value during the period. This was driven by concerns over an AUSTRAC investigation into potentially serious and ongoing non-compliance with AML/CTF laws.
Betashares Nasdaq 100 ETF (ASX: NDQ)
Investors were buying this popular ETF again last week, leading to its units being accountable for 1.4% of trades on CommSec. Almost three-quarters of the volume came from the buy side. Fortunately for those buyers, the Nasdaq 100 ETF rose 2.1% over the five days. The index then climbed to a record high on Monday.
Imugene Limited (ASX: IMU)
Traders have been buying this immuno-oncology focused biopharmaceutical company's shares again. This led to Imugene's shares accounting for 1.2% of trades on CommSec last week. And while 64% of the volume came from buyers, it couldn't stop the Imugene share price sinking 11.5% over the five days. Concerns over its lofty valuation appear to be weighing on its shares.
iShares Core S&P/ASX 200 ETF (ASX: IOZ)
Another ETF that was popular with investors was the iShares Core S&P/ASX 200 ETF. It was attributable to 1.2% of trades on Commsec, with a massive 86% of the volume coming from buyers. However, despite the buying pressure, the ETF was largely flat last week. Though, it is up a solid 12% since the start of the year.
