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Sharesight20 top 20 trades on ASX - July 2020

by Stephanie Stefanovic, Content Writer, Sharesight
Disclaimer: The below article is for informational purposes only and does not constitute a product recommendation, or taxation or financial advice and should not be relied upon as such. Always check with your financial adviser or accountant to obtain the correct advice for your situation.

Welcome to the July 2020 edition of the Sharesight20ASX monthly trading snapshot, where we look at the top 20 trades Sharesight users made on the ASX during the month.

Here are July’s top 20 ASX trades.

Sharesight20 top 20 ASX trades July 2020

Sharesight20 monthly snapshot ASX July 2020

In July’s Sharesight20ASX snapshot, the buy-now-pay-later (BNPL) sector topped the list in both buy and sell trades, led by Zip Co (ASX: Z1P) and Afterpay (ASX: APT). Biotech giant CSL (ASX: CSL) also proved popular, likely due to increased hype around the company’s role in Covid-19 vaccine trials and manufacturing. As always, ETFs were in demand, with investors focusing less on bear-themed ETFs than in recent months, and instead betting on the long-term recovery of the economy.

Let’s look at the news behind the key stocks in this month’s snapshot:

Zip Co Ltd (ASX: Z1P)

Afterpay Ltd (ASX: APT)

CSL Ltd (ASX: CSL)

Sezzle Inc (ASX: SZL)

Kogan.com Ltd (ASX: KGN)

Splitit (ASX: SPT)

Betashares Nasdaq 100 ETF (ASX: NDQ)

Telstra Corporation Ltd (ASX: TLS)

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