Which ASX 200 share was the most traded today?
The post Here are the 3 most traded ASX 200 shares this Tuesday appeared first on The Motley Fool Australia. –
The S&P/ASX 200 Index (ASX: XJO) has enjoyed a pretty decent day of trading this Tuesday. The ASX 200 closed at 7,503 points, up 0.17% for the day.
But let’s now check out the ASX 200 shares that are topping the trading volume charts today.
The 3 most traded ASX 200 shares this Tuesday
South32 Ltd (ASX: S32)
After appearing on this list yesterday, diversified ASX 200 miner South32 is back again with 19.75 million of its shares making their way around the market today.
With no major news or announcements out of the company today, we can probably assume this relatively high trading volume is the result of today’s share price movements.
South32 ended the day up 1.41% to $2.88 a share. Since last Friday, the company has gained around 5.5%. It’s probably this bump in valuation that is behind so many shares trading today.
Scentre Group (ASX: SCG)
This is almost certainly the result of Scentre’s earnings report which was released this morning, and has elicited a strong response from investors.
At close of trading today, Scentre units were up a very pleasing 6.67% to $2.72 apiece. As my Fool colleague Bernd covered earlier today, this REIT reported a 28% rise in operating profits and has also announced the resumption of dividend distribution payments.
Pilbra Minerals Ltd (ASX: PLS)
As per usual, ASX 200 lithium producer Pilbara topped the trading volume charts this Tuesday, with a staggering 24.58 million Pilbara shares swapping hands. Like with South32, there was no major news or announcements out today.
However, the Pilbara share price has had quite a bumpy day. This morning, the company was up almost 5% but trended lower, before ending the day flat at $2.25 a share.
It’s likely this share price volatility that is behind the relatively large volume of shares bought and sold today.
The post Here are the 3 most traded ASX 200 shares this Tuesday appeared first on The Motley Fool Australia.
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