Demand was strong for these ASX shares last week…
The post A2 Milk and Zip were among the most traded ASX shares last week appeared first on The Motley Fool Australia. –
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:
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%.
The post A2 Milk and Zip were among the most traded ASX shares last week appeared first on The Motley Fool Australia.
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Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of and has recommended BETANASDAQ ETF UNITS and ZIPCOLTD FPO. The Motley Fool Australia owns shares of and has recommended BETANASDAQ ETF UNITS. The Motley Fool Australia has recommended A2 Milk. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.