Top 10 most traded ASX shares and US stocks in August

Company results released during the August earning season impacted trading activity.

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ASX 200 mining share BHP Group Ltd (ASX: BHP) was the most traded ASX share last month among investors using the Selfwealth trading platform.

Just under 70% of BHP shares transactions were buys, and about 30% were sells. The trading activity came amid a continued decline in the iron ore price and the release of the miner's FY24 results.

The BHP share price fell 3.62% over the month, closing at $40.77 on 30 August.

Machine learning data solutions and services provider Appen Ltd (ASX: APX) was the third most traded share last month.

Appen shares skyrocketed 33.33% over the month, closing at $1 on 30 August.

The stock took a hit on 30 August upon the release of the company's half-year results.

Let's review the other ASX shares making up the 10 most traded stocks last month.

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Image source: Getty Images

Top 10 most traded ASX shares in August

Here are the top 10 most traded ASX shares in August by volume (incorporating both buy and sell orders), according to Selfwealth Ltd (ASX: SWF) data.

We have also included the percentage of buy orders, which can indicate investors' conviction on each ASX share.

RankTop ASX shares by trading volumePercentage of buy orders
1BHP Group Ltd (ASX: BHP) 69.3%
2Fortescue Ltd (ASX: FMG)73.7%
3Appen Ltd (ASX: APX) 55.6%
4Woodside Energy Group Ltd (ASX: WDS)70.2%
5DroneShield Ltd (ASX: DRO)64.1%
6Zip Co Ltd (ASX: ZIP)53.5%
7ANZ Group Holdings Ltd (ASX: ANZ)46.2%
8Pilbara Minerals Ltd (ASX: PLS)48.9%
9Commonwealth Bank of Australia (ASX: CBA)53.3%
10Qantas Airways Limited (ASX: QAN)43.9%
Source: Selfwealth

Top 10 most traded US stocks in August

NVIDIA Corp (NASDAQ: NVDA) was the most traded US stock by Selfwealth clients in August.

The graphics processing units (GPUs) chip maker released its second-quarter earnings last month.

Here are the top 10 most traded US stocks in August among Selfwealth investors.

RankTop US stocks by trading volumePercentage of buy orders
1NVIDIA Corp (NASDAQ: NVDA)70.2%
2Tesla Inc (NASDAQ: TSLA)66%
3Amazon.com Inc (NASDAQ: AMZN)76.7%
4Alphabet Inc Class A (NASDAQ: GOOGL)71.2%
5Apple Inc (NASDAQ: AAPL) 44.2%
6Microsoft Corp (NASDAQ: MSFT)66.3%
7Crowdstrike Holdings Inc (NASDAQ: CRWD)66.7%
8Advanced Micro Devices, Inc. (NASDAQ: AMD)70.1%
9MARA Holdings Inc (NASDAQ: MARA)70.1%
10Intel Corp (NASDAQ: INTC)78.9%
Source: Selfwealth

John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool’s board of directors. Motley Fool contributor Bronwyn Allen has positions in Appen, BHP Group, Commonwealth Bank Of Australia, Woodside Energy Group, and Zip Co. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended Advanced Micro Devices, Alphabet, Amazon, Appen, Apple, CrowdStrike, DroneShield, Microsoft, Nvidia, Tesla, and Zip Co. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has recommended Intel and has recommended the following options: long January 2026 $395 calls on Microsoft, short January 2026 $405 calls on Microsoft, and short November 2024 $24 calls on Intel. The Motley Fool Australia has recommended Advanced Micro Devices, Alphabet, Amazon, Apple, CrowdStrike, Microsoft, and Nvidia. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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