Which ASX 200 share is the most heavily traded on the share market today?
The post Here are 3 heavily traded ASX 200 shares on the markets today appeared first on The Motley Fool Australia. –
The S&P/ASX 200 Index (ASX: XJO) is having a rather interesting day of trading this Friday. After playing jump rope with the breakeven line all day today, the ASX 200 is currently up just 0.02% to 7,419 points. But let’s now take a look at which ASX 200 shares are being the most heavily traded today:
3 heavily traded ASX 200 shares today
Scentre Group (ASX: SCG)
ASX Real Estate Investment Trust (REIT) Scentre Group is our first ASX 200 share to look at today. The Westfield operator has seen a substantial 14.91 million of its units trade on the ASX markets so far. There are no major news or announcements out of the company today (or recently), so we’ll have to assume the high trading volume is related to the performance of the Scentre share price today.
Currently, Scentre units are up a healthy 1.97% to $2.59 apiece. This company is now up 5.5% from Monday’s closing price at today’s levels.
Origin Energy Ltd (ASX: ORG)
Another ASX 200 share that’s trading heavily today is energy generator and retailer Origin. So far this Friday, a hefty 16.12 million Origin shares have swapped hands. This is unquestionably the result of what has happened with the Origin share price today. Origin shares are currently down a nasty 7.96% to $4.10 a share.
This seems to be a reaction to the company’s market update that was released today. This update told investors that the company has taken a $2.247 billion impairment charge for some of its generation assets as a result of lower wholesale electricity prices. Origin also warned investors that it now expects FY2022 earnings to come in the range of $450-600 million (down from $940-1,020 million for FY21).
AMP Limited (ASX: AMP)
And last but certainly not least in terms of trading volume today, we have ASX 200 wealth manager AMP. AMP tops the trading charts today, with a whopping 17.52 million shares flying around the markets so far. This has coincided with another dismal day for the AMP share price.
This embattled company has taken yet another bath today, and has even found itself at a new all-time low of $1.04 a share today. AMP has since bounced off this low but is still going for $1.06 at the time f writing, down 0.94% for the day. This seems to be a reaction to the news that AMP is now facing legal action from the Australian Securities and Investments Commission (ASIC) over its ‘fees for no service’ scandal.
The post Here are 3 heavily traded ASX 200 shares on the markets 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.