Zip Co Ltd (ASX:Z1P) and Flight Centre Travel Group Ltd (ASX:FLT) shares were among the most traded shares on the CommSec platform last week.
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This morning Australia’s leading investment platform provider CommSec released data on the most traded ASX shares on its platform from last week.
A number of familiar faces were popular with investors and filled up the top five over the period.
Here’s the data:
Zip Co Ltd (ASX: Z1P)
Once again, Zip shares were extremely popular with investors last week. The buy now pay later provider was the most traded ASX share and accounted for 2.8% of total trades on the CommSec platform. Approximately 61% of these trades came from the buy side, which helped drive its shares 6.5% higher for the week.
Flight Centre Travel Group Ltd (ASX: FLT)
This travel agent’s shares contributed 2.2% of trades on the platform last week. And while the buying and selling was evenly split, the ones buying will certainly be the happier group. The Flight Centre share price was on fire last week and stormed 24% higher. The catalyst for this appears to have been its annual general meeting update.
Betashares Nasdaq 100 ETF (ASX: NDQ)
This exchange traded fund (ETF) returned to the top five last week after being attributable for 2% of CommSec trades. A whopping 84% of these trades came from buyers. They may have been wanting exposure to the US tech sector following a string of positive quarterly updates.
Westpac Banking Corp (ASX: WBC)
CommSec investors were buying this banking giant’s shares in large numbers last week following its full year results release. Westpac’s shares accounted for 1.7% of trades on the platform. The buying was strong, with 78% of these trades coming from the buy side. They may believe the worst is now behind the bank and it is onwards and upwards from here.
Afterpay Ltd (ASX: APT)
Afterpay shares were popular with investors again last week and were responsible for 1.3% of trades on the CommSec platform. There was more selling than buying, though, with 55% of trades coming from sellers. Despite this, the Afterpay share price climbed 3.4% over the five days.
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James Mickleboro owns shares of Westpac Banking. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of BETANASDAQ ETF UNITS and ZIPCOLTD FPO. The Motley Fool Australia owns shares of AFTERPAY T FPO. The Motley Fool Australia has recommended BETANASDAQ ETF UNITS and Flight Centre Travel Group Limited. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. 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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