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 (BNPL) provider was the most traded ASX share on the CommSec platform last week. Its shares were attributable to 3.6% of trades during the week, with the buying and selling evenly split. The buyers certainly will have been the happier group, with the Zip share price rising 9.1% over the five days. This was driven by speculation that Klarna has bought a stake in the company.
Sydney Airport Holdings Pty Ltd (ASX: SYD)
This airport operator's shares were involved in 2.3% of trades on CommSec last week. This followed news that Sydney Airport has received a $22.3 billion takeover approach from a consortium of infrastructure investors. And with buyers accounting for just 13% of the volume, it appears as though CommSec investors were quick to cash in following Monday's 33.9% gain.
A2 Milk Company Ltd (ASX: A2M)
This infant formula company's shares were popular with investors again last week. A2 Milk's shares accounted for 2.1% of trades on CommSec, with buyers responsible for 71% of the volume. Investors were bidding the a2 Milk share price higher after it was given the thumbs up by regulators to acquire a 75% interest in Mataura Valley Milk. The a2 Milk share price rose 10.4% over the five days.
BetaShares Global Sustainability Leaders ETF (ASX: ETHI)
This ethical ETF was among the most traded shares on CommSec again last week and attributable to 1.6% of total trading volume. A sizeable 91% of this volume came from the buy side, which helped the ETF record a modest weekly gain. The BetaShares Global Sustainability Leaders ETF share price is now up ~12% for the year.
Betashares Nasdaq 100 ETF (ASX: NDQ)
This ETF was popular with investors again during the five days. The Betashares Nasdaq 100 ETF was responsible of 1.5% of trades on CommSec, with 86% of the volume from buyers. The technology-focused ETF rose 1.7% last week, stretching its 2021 gain to ~14%.
