BHP Energy and Zip were among the most traded ASX shares last week

BPH Energy Ltd (ASX:BPH) and Zip Co Ltd (ASX:Z1P) shares were among the most traded shares on the CommSec platform last week.
The post BHP Energy and Zip were among the most traded ASX shares last week appeared first on The Motley Fool Australia. –

Stock market, ASX, investing

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:

BPH Energy Ltd (ASX: BPH)

This small cap biotechnology and mineral exploration company was the most traded share on the CommSec platform last week. BPH Energy’s shares were responsible for 2.4% of total trades on the platform, with 63% coming from buyers. Those buyers will be pleased to have seen the BPH Energy share price rocket 200% over the five days. Excitement around its Baleen Well drilling appears to have been the catalyst for this.

Zip Co Ltd (ASX: Z1P)

Zip shares were popular with investors again last week. The buy now pay later provider’s shares were attributable to 2.2% of trades on the platform. On this occasion, the buying and selling was evenly split. It may be partly for this reason that the Zip share price was largely flat for the week. Which isn’t a bad outcome considering the ASX 200’s 2.8% weekly decline. A week earlier, the Zip share price jumped 30% following its second quarter update.

Novonix Ltd (ASX: NVX)

This battery materials company’s shares were responsible for 2.2% of total trades on CommSec over the five days. And although almost two-thirds of these trades came from buyers, it wasn’t enough to stop the Novonix share price from dropping 6.8% last week. Nevertheless, the company’s shares are still up over 100% since the start of 2021.

Fortescue Metals Group Limited (ASX: FMG)

CommSec users were buying Fortescue shares in large numbers last week following its second quarter update. The iron ore giant’s shares were attributable for 1.8% of total trades, with a massive 80% coming from the buy side. Unfortunately for these buyers, the Fortescue share price shed 10% of its value over the week.

Lake Resources N.L. (ASX: LKE)

Another battery materials company which was popular with investors was lithium-focused Lake Resources. Its shares were responsible for 1.8% of trades on the platform, with 70% coming from buyers. Last week Lake raised $20.6 million via a placement. Investors appear pleased that its flagship Kachi Lithium Brine Project is now fully funded through to the construction phase in 2022. The Lake share price jumped almost 43% over the week.

Where to invest $1,000 right now

When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for more than eight years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

Scott just revealed what he believes are the five best ASX stocks for investors to buy right now. These stocks are trading at dirt-cheap prices and Scott thinks they are great buys right now.

See The 5 Stocks

*Returns as of June 30th

More reading

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 ZIPCOLTD FPO. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

The post BHP Energy and Zip were among the most traded ASX shares last week appeared first on The Motley Fool Australia.

Trade The World Anywhere & Anytime!

Mobile app platform with over 50,000 global listed securities across 12 markets (over 70% global market capitalisation), right from your Android or iOS device.

Integrated with exclusive trading idea and investment analysis tools to help you find actionable insight on virtually every financial instrument across our 12 global markets, to help you optimise your trading strategies.

Refer Your Friends

Tell your friends about Monex and gift them FREE access to our trading tools.

We respect your privacy and will only send this one email notification to your friends. 

Share With Your Friends

Share on facebook
Share on twitter
Share on linkedin

Monex Trading Tools Access and Usage Terms

The Monex Trading Tools (referred to as ‘tools’ hereafter) are available to you inside your client portal;

To activate access to the tools, you must have a verified and approved trading account and have made a deposit of at least AUD $1000.

An active and funded account with a positive trading balance is required to continue to have access to the tools;

Although the tools are available to you indefinitely, Monex Securities may at it’s discretion disable access to the tools in the future;

Monex securities reserves the right to change these terms and conditions from time to time, as it sees fit, without notice.

Important Notice
iOS & Android App - 12 International Markets & Over 70% Global Market Cap. $0 Brokerage On US Trades. Click Here!