Sharesight users' top 20 trades in US, ASX and NZX stocks – June 2024
Welcome to the June 2024 edition of Sharesight’s monthly trading snapshot, where we look at the top buy and sell trades by Sharesight users over the month. This month we have combined the snapshots for US stocks (including the Nasdaq, NYSE and AMEX), the ASX and NZX, providing a short summary of the key events for each market. For a more detailed look at the market-moving news behind Sharesight users’ most-traded stocks throughout the Australian 2023/2024 financial year, see our posts for the ASX and SMSFs.
Top ASX trades in June 2024
This month’s top ASX trades were strongly led by Vanguard’s Australian Shares Index ETF (ASX: VAS), followed by the iShares S&P 500 ETF (ASX: IVV). In terms of individual stocks, buy trades were led by BHP (ASX: BHP), which saw its share price fall following the announcement of its decarbonisation plans. During the same period, sell trades were led by Droneshield (ASX: DRO), which hit a new high following news of an AI order from a new Swiss customer.
Top NZX trades in June 2024
This month’s top NZX trades were overwhelmingly led by ETFs, in particular Smartshares’ US 500 (NZX: USF) and NZ Top 50 (NZX: FNZ) ETFs. In terms of individual stocks, trades were led by Infratil (NZX: IFT), which launched a NZ$150 million capital raise. The top trades were followed by Spark New Zealand (NZX: SPK), which has recently downgraded its earnings guidance for the financial year.
Top US trades in June 2024
This month’s top US buy and sell trades were strongly led by NVIDIA (NASDAQ: NVDA), which has lost AU$646 billion in the biggest company loss in history. The top trades were followed by Microsoft (NASDAQ: MSFT), which has reclaimed its spot as the world’s most valuable company.
Track your investment portfolio with Sharesight
Get access to Sharesight20 insights like this by tracking your investment portfolio with Sharesight. Built for the needs of investors like you:
- Track all your investments in one place, including stocks, mutual/managed funds, property, and even cryptocurrency
- Get the true picture of your investment performance, including the impact of brokerage fees, dividends, and capital gains with Sharesight’s annualised performance calculation methodology
- Run powerful reports built for investors, including performance, portfolio diversity, contribution analysis, exposure and future income
- Run tax reports including Taxable Income (dividends/distributions), Capital Gains Tax (Australia and Canada), traders tax (capital gains for traders in NZ) and FIF foreign investment fund income reports (NZ)
Sign up for a FREE Sharesight account and get started tracking your investments today.
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.
FURTHER READING
Why tax time is so painful for family offices — and what to do about it
We discuss five reasons tax time hits family offices harder than it should, and what better infrastructure looks like in each case.
Sharesight product updates – July 2026
This month, we rolled out a new CGT breakdown schedule on the Australian CGT report, expanded cash reporting with multi-currency, per-broker accounts, and more.
Save time and money by sharing your portfolio with your accountant
It's easy to save time and money at tax time by sharing access to your Sharesight portfolio with your accountant. Keep reading to learn more.