Sharesight20 top 20 trades on ASX & NZX - May 2020
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. Please check with your financial adviser or accountant to obtain the correct advice for your situation.
Welcome to the May 2020 edition of the Sharesight20 monthly trading snapshot, where we look at the top 20 trades on both the ASX and NZX made by Sharesight users during the month. In May we saw a return to growth stocks and index based ETFs as interest in bear themed ETFs fell away.
Here’s May’s top ASX and NZX trades.
Sharesight20 top 20 ASX trades May 2020
In May’s Sharesight20ASX snapshot the crown for the most traded stock again went to S&P ASX 300 index tracking ETF Vanguard Australian Shares (ASX: VAS) with investor confidence continuing to rebound. Interest in the two bear themed ETFs we first saw in March (ASX: BBOZ) & (ASX: BBUS) continued to fall away, with only the BetaShares Aust Strong Bear ETF remaining in our 20 this month.
Let’s look at the news behind the other key stocks in this month’s snapshot:
Webjet Limited (ASX:WEB)
Webjet share price jumps 25%: Is it good value?
New South Wales Premier Gladys Berejiklian has reconfirmed her support for a trans-Tasman bubble
ASX climbs 2.2pc to 11-week high, buoyed by travel stocks
Is it too early to buy Webjet shares?
Why travel industry shares like Webjet (WEB) are soaring
Afterpay Limited (ASX: APT)
Afterpay’s US customer surge creates risks
Afterpay shares hit record high
Ticketek will be the first ticketing platform to integrate with Afterpay
Afterpay offers COVID-19 support to the retail community and customers
Afterpay dips, Morgan Stanley lowers its exposure, and UBS remains unconvinced
Afterpay director heads for the hills
Macquarie Group (ASX: MQG)
Joe Hockey to join Macquarie in the USA
Macquarie taps five managers for capital top-up
Macquarie profits down 13% for 2H20
Macquarie cuts dividend
Economic snapback ‘unlikely’ as deal flow slows: Macquarie
Fitch downgrades Macquarie over earnings fears
Fitch: Macquarie Bank covered bonds unaffected by bank rating action
Commonwealth Bank (ASX: CBA)
Commonwealth Bank temporarily closes 114 branches, 500 staff affected due to coronavirus impacts
Commonwealth Bank CTO snapped up by Google
Commonwealth Bank steps up efforts to keep clients afloat
Commonwealth Bank reveals new chief digital officer
Flight Centre (ASX: FLT)
Flight Centre to close stores in South Africa as it feels the force of Covid-19
Flight Centre sells on St Kilda Road headquarters for $62.15m
Flight Centre bows to fee storm, avoids ACCC lawsuit
Flight Centre’s cancellation fee backflip could cost $80 million
Flight Centre’s COVID-19 response was a flight plan to failure
Are Flight Centre, Helloworld, Webjet and Corporate Travel Management turnaround investments?
Flawed office complicates Flight Centre founder’s philanthropy
Sharesight20 top 20 NZX trades May 2020
Travel stocks all placed highly in our snapshot of the NZX this month, with a mixture of growth opportunities and value on offer.
Auckland International Airport (NZX: AIA)
Auckland Airport begins runway pavement replacement work
Confidence in airports despite COVID-19 closures
Auckland Airport ready for surge in travellers as Air New Zealand anticipates Alert Level 2 bookings boost
Australia and New Zealand to test air-travel corridor in weeks
Air New Zealand (NZX: AIR)
Air New Zealand CEO culls executive team
Air New Zealand customers can now donate points to charity
Air New Zealand pushes back international schedule resumption, defers aircraft deliveries
Impatient passengers ‘break every rule’ on Air NZ flight
Air New Zealand opens domestic and regional lounges with limited services
Air New Zealand prepares for $560 million loss, massive changes
Kathmandu Holdings Limited (NZX: KMD)
Kathmandu to reopen Australian stores this weekend (May 5th)
Kathmandu, Adairs reopen as spending freeze starts to thaw
Kathmandu sees 2.5x growth in this one area
Kathmandu manager claims he was unfairly dismissed
Sharesight20 Snapshots for 2019
Have you seen our Sharesight20 top 20 trades data for the 2019 calendar year across exchanges in Australia, New Zealand, Canada and the USA yet? You can read our 2019 Sharesight20 updates here:
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