Australia's leading investment platform provider CommSec has released data on the most traded ASX shares on its platform from last week.
Once again, there were a number of familiar faces filling up the top five over the period.
Here's the data:
Flight Centre Travel Group Ltd (ASX: FLT)
This leading travel agent was far and away the most traded share on the CommSec platform last week. It was attributable to 3.3% of trades over the five days, with a massive 74% coming from buyers. Those investors will be pleased to learn that the Flight Centre share price climbed almost 8% over the five days. Investors have been buying the company's shares due to COVID-19 vaccine optimism.
Mesoblast limited (ASX: MSB)
This biotechnology company's shares were popular with investors and accounted for 2.2% of trades on CommSec last week, with the buying and selling evenly split. It looks as though the buyers will be the happier group. The Mesoblast share price climbed a further 12% last week, stretching its month to date gain to 35%. A major deal with Novartis has given its shares a big lift.
Webjet Limited (ASX: WEB)
Investors have also been buying Webjet's shares due to COVID-19 vaccine news and the reopening domestic borders. Its shares accounted for 2.1% of trades on the platform last week, with buyers contributing 76% of them. Those buyers will have been pleased to see the Webjet share price climb almost 8% last week. This took its month to date gain to a whopping 64%.
Zip Co Ltd (ASX: Z1P)
This buy now pay later provider was popular with CommSec investors again. Its shares were responsible for 1.7% of trades on the platform. And although 58% of these trades came from the buy side, it wasn't enough to stop the Zip share price from falling 2%. This is despite the release of a strong trading update.
Qantas Airways Limited (ASX: QAN)
Qantas shares were in demand last week and contributed 1.6% of trades on the CommSec platform. As with Flight Centre and Webjet, a sizeable portion (71%) of these trades were from buyers. They appear bullish on its prospects now domestic borders are opening and a vaccine (or three) is on the way. The Qantas share price rose almost 5% last week, making it four weekly gains in a row.
