Young investors are funnelling money into resources stocks as the global energy crisis sends shares higher, with Fortescue, BHP and Pilbara Minerals among the 10 most-traded shares on ASX-listed trading platform SelfWealth over the 2022 financial year.
Analysis by the 10-year-old broking platform – where Millennials and Gen Z make up 71 per cent of its 120,000 users – found mining was the most attractive sector over the year, making up 42 per cent of the top 200 securities, excluding exchange-traded funds (ETFs).