Sharesight20 top 20 trades on ASX – April 2021
Welcome to the April 2021 edition of the Sharesight20ASX monthly trading snapshot, where we look at the top 20 trades Sharesight users made on the ASX during the month.
In this Sharesight20ASX snapshot, buy trades were strongly led by the Vanguard Australian Shares (ASX: VAS) and Diversified High Growth (ASX: VDHG) ETFs. At the same time, sell trades were led by Zip Co (ASX: Z1P) and 88 Energy (ASX: 88E), which both experienced rising share prices in April. It was a varied month overall, with trading activity in ETFs as well as individual equities in the natural resources, BNPL and healthcare sectors.
Sharesight20 top 20 ASX trades April 2021
Let’s look at the news behind some of the key stocks in this month’s snapshot:
Zip Co (ASX: Z1P)
- Zip Co stock rises 17% on the back of record Quadpay gains
- Zip raises AU$400m for US growth and further global expansion
- Joins Adobe’s global payments program; share price rises
- Bank of America acquires 6.15% share of Zip
88 Energy (ASX: 88E)
- Share price plummets following news of equipment failure and wellbore condition problems
Fortescue Metals (ASX: FMG)
- Fortescue Metals achieves 1.5b tonnes of iron ore exports from Pilbara operations
- Fortescue share price dropped 17% in March; iron ore price to blame
- Indigenous Australian group rejects Fortescue dam development plans
Afterpay (ASX: APT)
- Afterpay seeks Nasdaq listing; could delist from ASX
- ASX investors could reap gains if Afterpay decides on a dual listing
- Afterpay distributes 3.2 million new shares amongst 30 US staff
Kogan (ASX: KGN)
- Kogan share price plummets following disappointing Q3 earnings report
- Share price has almost halved in 2021
- Kogan enters partnership with Codisto; hopes to bring new sellers to online marketplace
CSL (ASX: CSL)
- Aegros could become second Australian plasma distributor; a "mini CSL"
- Slight drop in CSL share price following plasma and vaccine update
- CSL to make 50 million AstraZeneca vaccine doses despite public pushback
Province Resources (ASX: PRL)
- Province Resources partners with Total Eren on WA green hydrogen project
- Share price hits all-time high following hydrogen project announcement
- Province appoints ESG approvals consultant to help fast track projects
Race Oncology (ASX: RAC)
- Second study supports use of Bisantrine drug to treat skin cancer
- Race Oncology reveals three-pillar strategy for its Bisantrine drug
- Collaborating with Newcastle Uni on leukemia study
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