Demand was strong for these ASX shares last week…
The post AGL and Zip shares 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:
BetaShares Global Sustainability Leaders ETF (ASX: ETHI)
This ethical ETF was the most traded share on CommSec last week and attributable to 2.2% of total trading volume. And despite 94% of the volume coming from buyers, it couldn’t stop the BetaShares Global Sustainability Leaders ETF share price from losing 3.3% of its value over the period. Though, the ETF is up by a solid 11% year to date.
Betashares Nasdaq 100 ETF (ASX: NDQ)
This ETF was popular with investors once again last week. The Betashares Nasdaq 100 ETF was responsible of 2.1% of trades on CommSec, with 89% of the volume from the buy side. The technology-focused ETF fell 1% over the week but recorded a 9.4% gain in June.
This buy now pay later (BNPL) provider remains popular with investors. Zip’s shares were involved in 2% of trades on CommSec. Approximately 60% of the volume came from buyers. However, it will have been the sellers that were the happier group. The Zip share price fell 7.5% last week. This was possibly due to concerns that Afterpay could win market share from it in the US with its new pay anywhere offering.
AGL Energy Limited (ASX: AGL)
This energy company’s shares were heavily traded last week and responsible for 1.4% of trades on CommSec. This followed an announcement by AGL which revealed that it has firm plans to split into two separate companies – Accel Energy and AGL Australia. And although buyers were responsible for 70% of the volume, it wasn’t enough to stop the AGL share price dropping 10% last week.
iShares Core S&P/ASX 200 ETF (ASX: IOZ)
Finally, a third ETF was popular with investors. It was involved in 1.4% of trades on CommSec last week, with a massive 90% of the volume from buyers. The ETF was largely flat last week but up 2.2% in June.
The post AGL and Zip shares 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 has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.