One of the most actively day traded stocks on the ASX is BHP Group Ltd (ASX:BHP). As a leading global mining company, BHP attracts strong trading interest due to its exposure to key commodities like iron ore, copper, and oil. Price movements in global commodity markets, economic data from China, and geopolitical developments often influence its stock, creating volatility that day traders seek. Its high liquidity ensures tight spreads and smooth execution, essential for intraday strategies. BHP’s consistent presence among the top traded stocks on the ASX makes it a popular choice for traders looking for volume and volatility.

Commonwealth Bank of Australia (ASX:CBA) is among the most actively day traded stocks on the ASX due to its high liquidity and consistent intraday volatility. As one of the "Big Four" banks, it frequently reacts to economic indicators, interest rate announcements, and financial sector developments. Its large market capitalization ensures strong institutional participation and tight bid-ask spreads, which are important for intraday strategies. CBA often sees notable price movements during earnings seasons and policy updates from the Reserve Bank of Australia (RBA). These characteristics make it a popular choice for day traders seeking short-term price action in the Australian market.