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Top 20 ASX trades by Sharesight users – July 2023

by Stephanie Stefanovic, Content Manager, Sharesight | Jul 27th 2023

Welcome to the July 2023 edition of Sharesight’s monthly ASX trading snapshot, where we look at the top 20 trades Sharesight users made on the ASX during the month.

In this snapshot, buy trades were strongly led by Vanguard’s Australian Shares Index ETF (ASX: VAS), followed by CSL (ASX: CSL), which has seen its share price plummet throughout July, hitting a new 52-week low. Over the same period, sell trades were led by Pilbara Minerals (ASX: PLS), which despite a brief dip due to plummeting lithium prices, has seen its share price remain relatively stable over the month. Overall, this month’s top trades were largely dominated by index-tracking ETFs as well as stocks in the banking, mining and minerals sectors.

Top 20 ASX trades July 2023

Top20 ASX monthly Jul23

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

CSL (ASX: CSL)

BHP (ASX: BHP)

  • BHP posts iron ore record but warns of uncertainty ahead to due to inflation and global economic volatility
  • Analysts predict further downside for BHP
  • Share price slides despite growing iron ore prices due to unexpected strength of US labour market

Pilbara Minerals (ASX: PLS)

ANZ (ASX: ANZ)

Fortescue Metals (ASX: FMG)

Endeavour (ASX: EDV)

Woodside Energy (ASX: WDS)

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Disclaimer: The above article is for informational purposes only and does not constitute a specific product recommendation, or taxation or financial advice and should not be relied upon as such. While we use reasonable endeavours to keep the information up-to-date, we make no representation that any information is accurate or up-to-date. If you choose to make use of the content in this article, you do so at your own risk. To the extent permitted by law, we do not assume any responsibility or liability arising from or connected with your use or reliance on the content on our site. Please check with your adviser or accountant to obtain the correct advice for your situation.

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