The S&P/ASX 200 Index (ASX: XJO) climbed 1% last week. At the time of writing on Tuesday morning, the index has climbed higher still, up another 0.37% for the day. Over the past month, the index is still down 3.35%. Here's what Australian shares investors were snapping up during the final week in November, according to new CommSec data.
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Droneshield Ltd (ASX: DRO)
Droneshield shares were the most-traded among CommSec clients between the 24th and 28th of November, based on contract note volumes either bought or sold weekly.
The data shows that of 9.5K shares traded, 66% was buyer activity, and the remaining 34% was selling.
This likely explains why the AI drone operator's shares rose 13.14% during the week. Ticking over into December, however, the company's shares have tumbled yet again, down 5.25% between Monday morning to the time of writing. Droneshield shares are now trading at $1.89 a piece, down a staggering 71.36% since their peak in early October. The stock is still trading 152% higher than this time last year.
Droneshield shares have been under significant pressure recently following the US CEO resignation, employee share sell-offs, and accidental ASX release.
Pilbara Minerals Ltd (ASX: PLS)
Pilbara Minerals was the second most-traded Australian share last week, although significantly behind Droneshield volumes at just 3.6K shares. However, most of this (61%) was selling activity.
Over the course of last week, Pilbara Minerals' share price climbed 7.71%. And the increase has continued this week, too. At the time of writing, the shares are 2.04% higher for the day and changing hands at $4 a piece. Over the past six months, the lithium miner's share price has soared an incredible 251.75%.
The latest selling activity from CommSec clients is likely due to investors selling up and taking gains made over the past few months.
Commonwealth Bank of Australia (ASX: CBA)
The banking giant's shares fell 1.58% during the course of last week. At the time of writing, the shares are 0.32% higher for the day, at $152.16 a piece.
CommSec clients traded 2.9K of CBA shares over the course of the last week in November, most of which was buying activity at around 67%. Most of these investors were likely taking advantage of the banking giant's 15.27% share price plunge earlier in the month, which was ignited by a loss in confidence.
WiseTech Global Ltd (ASX: WTC)
WiseTech was the fourth most-traded Australian share last week. Around 73% of activity was from buyers likely looking to get back into the stock after a huge 33.07% sell-off over the past 6 months.
Over the course of last week, WiseTech shares climbed 8.92%. Although sentiment hasn't followed through to this week. At the time of writing, the share price is 1.56% lower for the day, at $70 a piece.
CSL Ltd (ASX: CSL)
CSL shares are looking to be coming back in favour with investors. The stock was the fifth most-traded Australian share by CommSec clients last week, and 55% was buying activity.
During the course of the week, CSL shares climbed 1.83%. And they're trending higher this week, too. At the time of writing, CSL shares are 0.34% higher for the day. For the year-to-date, the share price is still 34.42% lower.
