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Sharesight20 top 20 trades on ASX – October 2020

by Stephanie Stefanovic, Content Manager, Sharesight | Oct 26th 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. Always check with your financial adviser or accountant to obtain the correct advice for your situation.

Welcome to the October 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 October’s top 20 ASX trades.

Sharesight20 top 20 ASX trades October 2020

Top20 ASX monthly October2020

In October’s Sharesight20ASX snapshot, Zip Co (ASX: Z1P) has topped the buy and sell trades after an eventful month for the company, including a major deal with Visa that will significantly expand the coverage of Zip Pay. At the same time, Zip’s competitor Afterpay (ASX: APT) has struck a deal with Westpac (ASX: WBC), causing the bank to sell its substantial stake in Zip Co. Neobank Douugh (ASX: DOU) also made a splash on the ASX, with its share price skyrocketing by nearly 1000% since listing earlier this month. This made it another popular buy and sell trade for Sharesight users throughout October.

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

Zip Co (ASX: Z1P)

Douugh (ASX: DOU)

Mesoblast (ASX: MSB)

IOUpay (ASX: IOU)

The a2 Milk Company (ASX: A2M)

Afterpay (ASX: APT)

Telstra (ASX: TLS)

BrainChip (ASX: BRN)

Woodside Petroleum (ASX: WPL)

CSL (ASX: CSL)

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