We take a look at the most active ASX 200 shares by volume…
The post Here are the 3 heaviest traded ASX 200 shares on Tuesday so far appeared first on The Motley Fool Australia. –
The S&P/ASX 200 Index (ASX: XJO) has shaken off yesterday’s nasty fall and is currently enjoying some gains so far this Tuesday. At the time of writing, the ASX 200 is up by a healthy 0.99% at 7,312 points.
But let’s dive a little deeper and check out the ASX 200 shares that are currently topping the ASX trading volume charts so far today, according to investing.com.
3 most active ASX 200 shares by volume this Tuesday
Telstra Corporation Ltd (ASX: TLS)
Blue chip telco Telstra is our first ASX 200 share with high trading volumes today. Thus far, Telstra has seen a hefty 17.6 million of its shares swap hands.
With no news out of this telco today, this volume can probably be put down to the nice share price bump Telstra has experienced today. Telstra shares are currently up a robust 1.5% at $4.06 each. Together with Telstra’s ongoing on-market share buybacks, this is the likely cause behind this elevated trading volume.
AMP Ltd (ASX: AMP)
AMP is our next ASX 200 share up this Tuesday. This embattled wealth manager and bank has had 22.65 million shares find new owners on the markets so far today. This could be put down to the market update AMP gave its investors this morning.
In this, AMP told investors that it is making strong progress with its Private Markets demerger. Amid this update, AMP shares are currently up a very pleasing 5.97% at $1.06 a share. This has probably sparked the high trading volumes we are seeing with this ASX 200 company today.
Pilbara Minerals Ltd (ASX: PLS)
Yet again, Pilbara Minerals tops the ASX 200 most traded shares list, at least so far today. The lithium producer has seen a whopping 26.16 million of its shares bought and sold so far this Tuesday.
With no news out of this company as well, we can probably put this elevated volume down to the chunky share price gains Pilbara is enjoying so far today. Pilbara is currently up 4% at $2.60 a share. It’s this big jump in valuation that is likely ensuring Pilbara’s gold medal for trading volumes this Tuesday.
The post Here are the 3 heaviest traded ASX 200 shares on Tuesday so far 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 no position in any of the stocks mentioned. The Motley Fool Australia owns shares of and has recommended Telstra Corporation Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.