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Sharesight20 top 20 trades on ASX FY2017/18

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 past 7 days.

We also debuted the Sharesight20 monthly trading snapshot 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.

Today we launch the first in our Sharesight20 yearly trading snapshots where we look at the top 20 trades on the ASX over the last 12 months, in this case to coincide with the 2017/2018 financial year.

Sharesight20ASX yearly snapshot for FY2017/18

Top20 ASX (31)

While often claiming top spot in in our weekly Sharesight20ASX snapshots, a2 Milk Limited (ASX: A2M) was beaten by Telstra (ASX: TLS) as the most traded share on the ASX in the 2017/18 financial year. Xero Ltd (ASX: XRO) punched above its weight in our yearly snapshot, after sole listing on the ASX in February. Let’s dive into the FY2017/18 news behind the top 20:

Telstra Corporation (ASX: TLS)

A2 Milk Company (ASX: A2M)

The big 4 banks feature prominently in the yearly snapshot, with the Banking Royal Commission driving significant trading activity. Starting with the most traded in CBA:

Commonwealth Bank (ASX: CBA)

National Australia Bank (ASX: NAB)

Westpac Banking Corp (ASX: WBC)

ANZ Banking Group (ASX: ANZ)

BHP Billiton (ASX: BHP)

Galaxy Resources (ASX: GXY)

Fortescue Metals Group (ASX: FMG)

Woodside Petroleum (ASX: WPL)

Retail Food Group (ASX: RFG)

  • On December 9 a Fairfax investigation revealed “Hundreds of RFG stores are for sale, on websites including Gumtree and Seek, as well as in local Chinese-language newspapers”
  • Retail Food Group then sent out a memo to franchisees after this story broke, warning them they’d be breaching their franchise agreement if they spoke to the media (risking action)
  • Subsequently a further story exposing the dealings of former head of RFG Tony Alford went public
  • Retail food group then issued updated guidance for their 2018 H1 profit expectations slashing earnings expectations for the first half by 34 per cent
  • In March the group announced plans to close 200 stores
  • However UBS believes 200 might be conservative, with 456 store closures more likely
  • Retail Food Group shares are now trading as low as $0.50 down from a 52 week high of $5.14

AVZ Minerals (ASX AVZ)

Ramsay Health Care (ASX: RHC)

Pilbara Minerals (ASX: PLS)

Afterpay Touch Corp (ASX: APT)

QBE Insurance Group (ASX: QBE)

Xero Ltd (ASX: XRO)

After solely listing on the ASX in February, Xero continues to be among the most heavily bought share on the ASX by the Sharesight userbase.

Don’t miss the Sharesight20 weekly market snapshots

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

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