Overview of the stocks that were traded the most by DEGIRO clients in April 2020

Most traded stocks by country: April 2020

While stock markets seemed to be less turbulent during April, the implications of COVID-19 have still pushed industries and companies in unprecedented ways. For example, the WTI oil benchmark fell below zero for the first time and Shell PLC cut its dividend, which it hasn’t done since World War II. Governments, companies and individuals are all having to adapt to the challenges and ‘new normal’ brought by the pandemic.

With lockdowns relaxing in some parts of the world and governments stepping in to bolster economies, April ended better than March. Both the EURO STOXX 50 and the S&P 500 ended April up, increasing 5.06% and 12.68% respectively.

Map of the most traded stocks per country via DEGIRO during April 2020

Most traded sector

Due to Tesla’s strong presence on the map this month, the automotive sector was again the most traded. Although stock prices are still down from its high of $917.42 in February, prices increased by nearly 50% during April.

Tesla published its Q1 results at the end of the month. Despite car production limitations due to stay-at-home measures, the company saw its third straight quarterly profit and revenues that beat analysts’ estimates.

The electric car maker’s CEO, Elon Musk, has been vocal about his opinions regarding shut downs to curb the spread of the virus saying that they are fascist and not democratic. The Model 3’s only US assembly plant is in California, which has extended stay-at-home orders until the end of May. Musk says that this poses a risk but Tesla can weather the storm.

Biggest movement

Out of the stocks seen on the map, the stock with the biggest price movement was Novacyt, with a 110.36% increase during April. Novacyt is a small-cap French biotechnology company that focuses on clinical diagnostics.

Like many other companies, Novacyt has been making efforts to combat the spread of the coronavirus. Its molecular diagnostics division, Primerdesign, has created a test that is able to detect only the 2019 strain of the coronavirus. Other tests for the virus are allegedly less specific and can lead to false negatives. On April 8th, the World Health Organization (WHO) listed the company’s test as eligible for procurement for one year, unless there is a change in circumstances. Following the announcement, prices climbed more than 22%.

The company also announced that as of April 28th, it has sold, received orders for or has been contracted to deliver over £90 million of its tests for COVID-19.

Investing via DEGIRO

Would you like to add one of the companies that you see on the map to your portfolio? With access to more than 50 exchanges across 30 countries, DEGIRO makes it easy to achieve a well-diversified portfolio with low fees.

During these unprecedented times, we at DEGIRO hope that you and your loved ones stay well and we are working as hard as possible to minimise disruptions in our service. More information about this can be found here.

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, Novacyt, Tesla


Get started with investing in 10 lessons

Investor's academy academy

Start investing today

Open a free account invest

Your investment journey starts here

Open a free account and join over 2.5 million investors worldwide on our user-friendly platform.

Investing involves risks. You can lose your invested funds. We advise you to only invest in financial products which match your knowledge and experience. This is not investment advice.

Investing places your capital at risk. Read our full warning here.


We want to empower people to become the best investors they can be. By offering a universe of possibilities and choices on our user-friendly platform, we are removing barriers to make investing accessible to everyone: beginners or experts. You get access to a wide variety of products on more than 50 global exchanges to have the freedom to invest the way you like. In our world, you also get great value for money. So, without compromising an inch on the quality, security and range of our investment services, we offer incredibly low fees. Prioritising your needs has helped us become the leading European online broker. Our 2.5+ million clients and 100+ international awards are proof of our success.

This communication is issued on behalf of flatexDEGIRO Bank AG and has been approved as a financial promotion on 3rd August 2023, for the purposes of section 21 of the Financial Services Market Act 2000 (FSMA), by Resolution Compliance Limited which is authorised and regulated by the Financial Conduct Authority (FRN:574048). flatexDEGIRO Bank AG is an overseas firm which is not authorised by the Financial Conduct Authority. This means that the FCA Rules made under FSMA for the protection of retail clients do not apply to the services provided by flatexDEGIRO Bank AG but investors are instead protected under applicable German law and Dutch law rules that apply to flatexDEGIRO Bank AG. Investors are not protected by the UK Financial Services Compensation Scheme.

flatexDEGIRO Bank Dutch Branch, a foreign branch of flatexDEGIRO Bank AG | Amstelplein 1, 1096HA Amsterdam | phone: +31 20 261 3072 | e-mail: clients@degiro.com | flatexDEGIRO Bank Dutch Branch is registered with the Dutch Chamber of Commerce under number 82510245. | flatexDEGIRO Bank Dutch Branch, trading under the name DEGIRO, is the Dutch branch of flatexDEGIRO Bank AG. flatexDEGIRO Bank AG is an overseas company primarily supervised by the German financial regulator (BaFin). In the Netherlands, flatexDEGIRO Bank Dutch Branch is registered with DNB and supervised by AFM and DNB. | flatexDEGIRO Bank AG is a licensed German bank supervised by the German financial regulator and registered with the German Chamber of Commerce under number HRB 105687.