We take a look at the most active ASX 200 shares by volume…
The post These 3 ASX 200 shares are topping the volume charts on Tuesday appeared first on The Motley Fool Australia. –
The S&P/ASX 200 Index (ASX: XJO) is having a decent day so far this Tuesday. At the time of writing, the ASX 200 is up a solid 0.15% to 7,392 points. But let’s dig a little deeper into today’s trading and check out which ASX 200 shares are currently topping the charts today in terms of trading volume, according to investing.com.
3 most active ASX 200 shares by volume this Tuesday
Telstra Corporation Ltd (ASX: TLS)
Our first share up today is the ASX 200 telco Telstra. Telstra has seen a hefty 11.51 million of its own shares trade on the markets so far this Tuesday. With no major news or announcements out of the telco so far today, we can probably assume this elevated trading volume is the result of what’s happened with the Telstra share price itself.
Telstra is currently down a not-insignificant 1.03% so far today to $3.83 a share at the time of writing. Since Telstra is a relatively large ASX company with a relatively low share price, moves of this nature often result in large trading volumes.
Pilbara Minerals Ltd (ASX: PLS)
From TLS to PLS! Pilbara Minerals, an ASX 200 lithium producer, is next up. Pilbara has seen a sizeable 13.55 million of its own shares bought and sold so far today. That’s despite the Pilbara share price currently being flat as a tack, sitting at $2.12 presently.
However, that doesn’t reflect the rather wild day this company has experienced thus far. Pilbara shares dipped to $2.08 (down 1%) shortly after market open this morning, before rising again to as high as $2.14 (up close to 1%). It’s this volatility that is probably behind Pilbara’s elevated trading volume today.
South32 Ltd (ASX: S32)
And last but not least in terms of trading volume, we have ASX 200 resources share South32. this diversified miner has seen a chunky 17.57 million of its shares change hands thus far this Tuesday.
This also appears to be the result of a decisive share price move, with South32 shares currently down a nasty 1.76% to $3.90 a share. We also might still be getting some aftershocks from last week’s announcement of a new acquisition from this company as well.
The post These 3 ASX 200 shares are topping the volume charts on Tuesday 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.