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:
For a third week in a row, this buy now pay later provider’s shares were the most traded on the CommSec platform. Zip’s shares accounted for 3.1% of trades on the platform, with the buying and selling evenly split. The buyers will have been the happier group, with the Zip share price adding 1.1% over the week.
Woolworths Group Ltd (ASX: WOW)
This conglomerate’s shares were popular with investors last week. They were attributable to 2.5% of trades on CommSec, with 90% of the volume coming from the buy side. Last week Woolworths completed the demerger of its Endeavour Group Ltd (ASX: EDV) business. And while this led to a 13.8% decline over the five days, this reflects the value of the demerged business which shareholders received shares in.
Commonwealth Bank of Australia (ASX: CBA)
Investors were buying this banking giant’s shares last week. This led to Commonwealth Bank’s shares being attributable for 2.3% of trades on CommSec. And while 74% of the volume came from buyers, it couldn’t stop the CBA share price falling 4.3% over the five days. The banking giant announced the sale of its general insurance last week.
Afterpay Ltd (ASX: APT)
This buy now pay later provider’s shares were heavily traded last week and attributable to 1.6% of trades on CommSec. This followed news that the company is expanding its pay anywhere offering in the US to cover major retailers such as Amazon. And although the Afterpay share price charged 12.8% higher, only 38% of the volume came from buyers.
Betashares Nasdaq 100 ETF (ASX: NDQ)
This ETF was popular with investors yet again last week. The Betashares Nasdaq 100 ETF was involved in 1.5% of trades on CommSec, with 83% of the volume coming from buyers. The technology-focused ETF rose 0.5% over the five days and has hit a record high on Tuesday.