Overview of the stocks that were traded the most by DEGIRO clients in August 2021.

Most traded stocks by country: August 2021

As August has ended, it is time to look back on another month of trading. For the seventh month in a row, American and European equities ended in the green. The S&P 500 set a new closing record on the last day of the month, driven by tech stocks, and ended August up by 2.90%. The EURO STOXX 50 increased by 2.62%.

In this article, we discuss the company that made an appearance on the map for the first time and share August’s biggest winner and loser.

Valneva saw the biggest price increase out of the stocks on the map during August.

Newcomer on the map

While we see some companies on the map month after month, Valneva made its map debut. It was the most traded stock by our French clients and is a biotechnology company that focuses on the development and commercialisation of prophylactic vaccines. The company claims that its Covid-19 vaccine candidate VLA2001 is the only whole virus, inactivated, adjuvanted vaccine candidate in clinical trials in Europe. In August, Valneva filed for initial approval of VLA2001 with the Medicines and Healthcare products Regulatory Agency (MHRA) in the UK. The company hopes to get approved by the end of the year. Stock prices responded well to the company’s developments with its vaccine last month, with prices ending August up by 77.40%.

Biggest movements

The companies that saw the biggest price movements during August were Valneva and Alibaba. As mentioned, Valneva’s stock price soared by 77.40% last month. Alibaba, a Chinese technology giant that specialises in e-commerce, was on the losing end, with prices dropping by 14.45%. Alibaba’s stock price has been negatively impacted this year driven by crackdowns from Chinese regulators.

Investing with DEGIRO

Would you like to invest in one of the companies seen on the map? For all stocks trading on US exchanges, we offer a low fee of €0.50 + $0.004 per share. Fees vary for all other exchanges. For details, please visit our Fees page.

In addition to these, we offer a multitude of other companies and financial products to invest in on more than fifty exchanges across thirty countries. For details, please visit our Markets page.

You can trade AMC with a DEGIRO account with Limit and Stop Limit order types. Due to the extreme volatility, placing a Market order might result in executions at unintended prices. This is why Market orders for this product have temporarily been disabled.

Trading in such volatile stocks comes with a high level of risk. We advise you to only invest in financial products that match your knowledge and experience. Don’t invest all your money in the same product, and make sure your portfolio is well diversified.

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The information in this article is not written for advisory purposes, nor does it intend to recommend any investments. Please be aware that facts may have changed since the article was originally written. Investing involves risks. You can lose (a part of) your deposit. We advise you to only invest in financial products that match your knowledge and experience.

Sources: Bloomberg, Yahoo! Finance, Valneva

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Note: Investing involves risks. You can lose (a part of) your deposit. We advise you to only invest in financial products which match your knowledge and experience.

Note:
Investing involves risks. You can lose (a part of) your deposit. We advise you to only invest in financial products which match your knowledge and experience.