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.

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FURTHER READING

• Subscribe to Sharesight20 trading snapshots
• Sharesight users' top 20 ASX trades of FY23/24
• Sharesight users' top 20 SMSF trades of FY23/24