The most-traded stocks on the SelfWealth investment platform have been revealed.
while China’s decision to ease COVID-19 restrictions in May also buoyed prices.
Fossil fuels including coal, oil and gas made up 3.5 per cent of all trades, while uranium made up 1.4 per cent of all trades. However, buy now, pay later company Zip fell from second to eighth position, while Afterpay fell out of the top 20 completely, after landing in third place in 2021,“It doesn’t matter what age group or demographic, [retail investors] are still looking for that healthy return. Our mantra at SelfWealth is ‘here for decades, not days’, and in this time of uncertainty, retail investors are looking for more safe bets, if you like,” Ms Whitaker said.
“Many economic and financial indicators are now pointing towards an economic slowdown and increased risk of recession,” said Bruce Apted, State Street Global Advisors’ head of portfolio management.“Historically periods of slowing growth expectations ... have been associated with lower returns to industrial commodities like copper and iron ore and their associated equities.”