IOUpay and Zip were among the most traded ASX shares last week

Australia’s leading investment platform provider CommSec has released data on the most traded ASX shares on its platform from last week.

Here’s the data:

For a fourth week in a row, this buy now pay later (BNPL) provider’s shares were the most traded on the CommSec platform. Zip shares accounted for 3.7% of trades last week, with approximately 60% coming from the buy side. Unfortunately, this wasn’t enough to stop the Zip share price losing 8% of its value over the five days. This was driven by weakness in the tech sector due to rising bond yields.

Afterpay was the next most traded share and attributable to 2.2% of total trades on the…