Telstra is the most active ASX 200 share on the market today…
The post Here are 3 of the most active ASX 200 shares today appeared first on The Motley Fool Australia. –
The S&P/ASX 200 Index (ASX: XJO) is enjoying a day in the green today. At the time of writing, the ASX’s flagship index is up a healthy 0.62% to 7,236 points. So let’s take a look at some of the ASX 200 shares that are being traded the most heavily today:
3 of the most active ASX 200 shares today
Pilbara Minerals Ltd (ASX: PLS)
Pilbara is back in the list, baby, although not at the number one spot it usually occupies. A still-impressive 11.44 million Pilbara shares have traded today though. There has been no major news or developments out of the ASX 200 lithium miner today. Well, apart from some routine paperwork that revealed Pilbara director Nicholas Carnotta recently unloaded 45,000 shares. The Pilbara share price is still up 1.2% so far today to $1.44 a share, so that move is likely to have triggered the high volume of Pilbara shares trading today.
Nuix Ltd (ASX: NXL)
Ah, Nuix… Things just seem to be going from bad to worse for this ASX 200 company. Nuix is today down a nasty 13.2% to $2.21 a share after hitting yet another all-time low of $2.16 this morning. A revelation this morning that former Nuix CFO Stephen Doyle is now a subject of an insider trading criminal investigation seems to be the catalyst here. A hefty 13 million Nuix shares have swapped hands today, likely as a result of this share price plunge. As it stands, Nuix shares are now down an unenviable 73.33% in 2021 so far.
Telstra Corporation Ltd (ASX: TLS)
ASX telco Telstra is the king of ASX 200 trading volumes today, with a massive 22.67 million Telstra shares changing owners so far. Telstra has the opposite problem of Nuix, being up substantially (not that that’s a problem for most investors). The Telstra share price has risen 4.58% today so far to $3.76 a share after touching a new 52-week high of $3.78 earlier this morning.
This morning, the telco announced it had orchestrated the sale of 49% of its mobile towers business InfraCo Towers to a number of institutional investors, including the Future Fund. ASX 200 investors have clearly reacted with excitement and may have upped Telstra’s trading volume as a result.
The post Here are 3 of the most active ASX 200 shares today appeared first on The Motley Fool Australia.
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Motley Fool contributor Sebastian Bowen owns shares of Telstra Corporation Limited. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has recommended Nuix Pty Ltd. The Motley Fool Australia owns shares of and has recommended Telstra Corporation Limited. The Motley Fool Australia has recommended Nuix Pty Ltd. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.