We take a look at the most active ASX 200 shares by volume…
The post Here are the 3 most heavily traded ASX 200 shares so far on Tuesday appeared first on The Motley Fool Australia. –
The S&P/ASX 200 Index (ASX: XJO) is having a pretty disappointing day of trading so far this Tuesday. At the time of writing, the ASX 200 is down by 0.33% at 7,346 points. But let’s dig a little deeper and see which ASX 200 shares are topping the trading volume charts today so far, according to investing.com.
3 most active ASX 200 shares by volume
Fortescue Metals Group Limited (ASX: FMG)
ASX 200 iron ore miner Fortescue is our first share topping the volume charts so far this Tuesday. At the time of writing, this miner has seen a sizeable 15.14 million of its shares change owners today.
This appears to be a result of the nasty share price slide Fortescue shares are experiencing today. Currently, this iron ore giant is down 2.65% at $13.95 a share, which is probably causing so many Fortescue shares to be traded on the markets today. Fortescue is now down more than 40% in just 3 months.
Westpac Banking Corp (ASX: WBC)
ASX 200 banking giant Westpac is our next cab off the rank. Westpac has, so far today, seen a lofty 15.6 million of its shares bought and sold.
Like Fortescue, this appears to be the result of a large share price loss this bank has endured so far today. At the time of writing, Westpac shares are down by 2.52% at $23.18 each. My Fool colleague James posted this morning that this could be a reaction to some tough love from broker Goldman Sachs.
Whitehaven Coal Ltd (ASX: WHC)
Our third and final ASX 200 share to check out today is coal miner Whitehaven. Whitehaven has seen a whopping 21.82 million of its shares swap hands thus far this Tuesday. There is no major news or announcements out of Whitehaven today.
However, that hasn’t stopped yet another major sell-off of this company. At the present time, Whitehaven is down a painful 7.4% to $2.42 a share. It’s this slide that is likely responsible for such a high volume of shares trading today. This company’s losses over just the past month are now approaching 30%.
The post Here are the 3 most heavily traded ASX 200 shares so far on Tuesday 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.