Which ASX 200 share was traded the most today?
The post Here are 3 ASX 200 shares making moves on the share market today appeared first on The Motley Fool Australia. –
The S&P/ASX 200 Index (ASX: XJO) is having a rather flat start to the trading week this Monday. At the time of writing, the ASX 200 is up just 0.08% to 7,315 points after initially opening far stronger this morning. Let’s take a look at some of the ASX 200 shares making moves today in terms of trading volume.
3 ASX 200 shares making moves today
Pilbara Minerals Ltd (ASX: PLS)
A regular frequenter on this list, Pilbara shares are once again flying around the ASX today, with 16.74 million shares finding new owners today. That’s despite no official news or announcements out of the company today, and a flat share price. Although with that said, even though Pilbara shares are flat at the time of writing, they also dipped heavily in early trading, falling all the way down to $1.40 (down 3%), before recovering to the current price of $1.46 a share. It’s probably this volatility that resulted in so many Pilbara shares changing hands today. Another factor at play could be a renewed focus on lithium companies that my Fool colleague Brendon covered earlier today.
Cleanaway Waste Management Ltd (ASX: CWY)
Waste management company Cleanaway is another ASX 200 share that is seeing some large trading volumes today. A hefty 20.72 million Cleanaway shares have been traded on the ASX boards today. Once again, there are no major pieces of news or announcement from Cleanaway today (or indeed since 9 June). However, Cleanaway was another ASX share that investors didn’t seem sure what to do with today. Cleanaway shares are currently up 0.76% at $2.64. But earlier today, they climbed as high as $2.69 (up 2.3%) before falling to their current level. At this share price, Cleanaway is up 12.8% year to date in 2021 so far.
Sydney Airport Holdings Pty Ltd (ASX: SYD)
And the winner (by a mile) for the most traded ASX 200 share today goes to Sydney Airport. There’s an easy explanation for the whopping 48.73 million SYD shares that have swapped hands today. This morning, the company advised investors that it had received a takeover offer from a consortium of large infrastructure investors/funds. This consortium put up $8.25 per share in cash for all Sydney Airport shares. This immediately saw the Sydney Airport share price jump by 37%, and it remains up 33.5% at the time of writing to $7.76 a share.
The post Here are 3 ASX 200 shares making moves on the share market today appeared first on The Motley Fool Australia.
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Motley Fool contributor Sebastian Bowen has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.