Top 20 ASX trades by Sharesight users – April 2024
Welcome to the April 2024 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). In terms of individual stocks, buy trades were led by Woodside Energy (ASX: WDS), which saw its share price drop after revealing a 12% decline in its quarterly profit. Over the same period, sell trades were led by BHP (ASX: BHP), which produced mixed financial results, including a loss in its nickel division.
Top 20 ASX trades April 2024
Let’s look at the news behind some of the key stocks in this month’s snapshot:
Woodside Energy (ASX: WDS)
- Majority shareholders lead protest vote against Woodside’s climate plans
- Woodside ditches plan to sell stakes in WA Macedon and Pyrenees oil and gas fields
- Woodside shares fall following 12% decline in quarterly profit
BHP (ASX: BHP)
- BHP and Mitsubishi complete AU$4.1 billion sale of Queensland coal mines
- BHP could become world’s largest copper producer with the help of AI
- Loss-making nickel division in focus in BHP’s latest financial results
Telstra (ASX: TLS)
- Telstra share price hits a new 52-week low as investors sell off shares amid high interest rates
- Telstra considers strategic review of its health division
- Thousands of customers have details leaked in file posted to hacking forum
Woolworths (ASX: WOW)
- Woolworths CEO threatened with six months jail time over contempt of Senate
- Woolworths, Coles and ALDI accused of misleading shoppers with confusing labels
- Partners with Tesco on AU$190 million venture capital fund
Resmed (ASX: RMD)
- Resmed share price dives on positive news about weight loss drug trials
- Leading broker dismisses idea that Resmed shares are at risk due to Ozempic
- Share price on watch ahead of Resmed’s latest quarterly earnings report
Droneshield Limited (ASX: DRO)
- Droneshield upsizes capital raise from AU$75 million to AU$100 million amid geopolitical tensions
- Signs first ever counter-drone procurement agreement with NATO
- Droneshield share price rises 16% on news of NATO deal
CSL (ASX: CSL)
- CSL share price falls despite FDA approval of kidney disease treatment
- CSL share price could almost double over the next three years, says analyst
- Could Telix pharmaceuticals become the next CSL?
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