Sharesight20 January top 20 trades on ASX & NZX

by David Olsen, Content Manager, Sharesight

Last year we debuted the Sharesight20 weekly trading snapshots, a weekly update of the top 20 shares traded by the Sharesight userbase on the ASX (#Sharesight20ASX) and the NZX (#Sharesight20NZX) over the previous 7 days.

We’ve since expanded on this with the Sharesight20 monthly trading snapshot (click here for last month’s Sharesight20), where we look at the top 20 trades on both the ASX and NZX markets among the Sharesight userbase during the current month and dig a little deeper into the news behind these movements.

Let’s dive into January’s top trades.

Sharesight20ASX January Snapshot

Top20 ASX (8)

The top 20 shares traded on the ASX during January are again a mix of resource companies, ETFs, plus a few outliers. The A2 Milk Company regained its most traded share status from the November Sharesight20ASX snapshot after a quiet December trading period where it fell out of December’s Sharesight20ASX entirely.

A2 Milk Company (ASX: A2M)

Telstra Corporation Ltd (ASX: TLS)

Galaxy Resources (ASX: GXY) (ASX: CAR)

  • Shares fell 5% on January 11th after a broker note from Credit Suisse saw the company downgraded to an ‘underperform’ rating from its previous ‘neutral’ rating

Afterpay Touch Corp (ASX: APT)

Afterpay Touch Corp is fast becoming a darling stock on the ASX with their ‘buy now pay later’ model attractive to consumers making purchases as cost of living pressure mounts on households.

Sharesight20NZX January Snapshot

Top20 NZX (8)

The A2 Milk Company Limited (NZX:A2M)

A2 Milk tops both the Sharesight20ASX and Sharesight20NZX trading snapshots for January which should not come as a surprise after:

Spark New Zealand Limited (NZX: SPK)

Pushpay Holdings (NZX: PPH)

Restaurant Brands New Zealand (NZX: RBD)

Don’t miss the Sharesight20 weekly market snapshots

Want the weekly Sharesight20 ASX and NZX weekly trading snapshots every Monday? Join the Sharesight community now to make sure you don’t miss out on a snapshot.

You’ll also find the latest Sharesight ASX and NZX trading snapshots on Twitter using the #Sharesight20ASX and #Sharesight20NZX hashtags, or by ‘liking’ Sharesight on Facebook, LinkedIn, or Google+.

With over $1.9B USD worth of investments actively tracked by the userbase, it’s time you sign up to Sharesight and start tracking the true performance of your investments today!

Important Disclaimer. We do not provide tax or investment advice. The buying of shares can be complex and varies by country. You should seek tax and investment advice specific to your situation before acting on any of the information in this article.