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 today appeared first on The Motley Fool Australia. –
The S&P/ASX 200 Index (ASX: XJO) is having an… ok day on the markets this Tuesday. At the time of writing, the ASX 200 is up a reasonable 0.19% to 7,439 points.
But let’s now check out some of the most active ASX 200 shares in terms of raw trading volume. Here are the top 3 most traded shares today at the time of writing, according to investing.com.
The 3 most heavily traded ASX 200 shares so far today
Telstra Corporation Ltd (ASX: TLS)
Telstra is our first ASX 200 share to check out today. This Tuesday has seen an impressive 19.77 million shares swap hands so far. Since there is no major news or announcements out of Telstra today, we can probably put this high volume down to the Telstra share price performance.
At the time of wiring, this telco is up a very robust 1.53% to $3.76 a share. This sizable jump is likely to be behind the elevated trading volumes we are seeing with Telstra shares.
Pilbara Minerals Ltd (ASX: PLS)
ASX 200 lithium producer Pilbara is next up here. This Tuesday has seen 23.09 million Pilbara shares changing owners at this point of the day.
As with Telstra, we can probably put this high volume down to the good show Pilbara shares have put on today, rather than anything concrete out of the company. The Pilbara share price has risen a healthy 1.82% so far to $2.24 a share. It’s probable that this is behind the large volume of Pilbara shares trading today.
Oil Search Ltd (ASX: OSH)
ASX 200 energy company Oil Search is our final share today. Oil Search takes the cake for the most traded ASX 200 share so far, with a whopping 23.6 million shares bought and sold today.
Again, we don’t have to look too far to see what’s going on here. Most ASX energy shares are on fire today, spurred upwards by rising crude oil prices. In Oil Search’s case, this has resulted in a healthy 4.81% rise so far to $3.92 a share. It’s almost certain this big jump is responsible for such high trading volume for this company.
The post Here are the 3 most heavily traded ASX 200 shares so far 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 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.