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 this Tuesday appeared first on The Motley Fool Australia. –
The S&P/ASX 200 Index (ASX: XJO) is having a rather depressing day of trading so far this Tuesday. At the time of writing, the ASX 200 is down by 0.43% to 7,248 points.
So let’s not dwell on that too much, and instead check out the ASX 200 shares topping the trading charts today in terms of raw volume so far. This data comes from investing.com.
3 ASX 200 shares topping the volume charts this Tuesday
South32 Ltd (ASX: S32)
ASX 200 miner South32 is our first ASX share to check out today. South32 has seen a sizeable 16.22 million of its shares traded so far on the markets this Tuesday. There’s no major news out that might explain this move.
However, the South32 share price has had a pretty volatile day this far. It’s currently at $3.60 a share, up 0.56% for the day. However, it’s been as high as $3.63 and as low as $3.55 throughout today’s trading. This volatility has likely resulted in such a relatively high trading volume.
Santos Ltd (ASX: STO)
ASX 200 energy share Santos is next up this Tuesday. Today, we have seen a hefty 17.01million Santos shares bought and sold thus far. Again, there are no concrete developments out of this company today. However, the Santos share price is so far comprehensively bucking the broader market mood.
Santos shares are presently up a very robust 2.75% to $7.27 a share, probably explaining the increased trading volume. This share price gain is in line with the entire ASX energy sector currently, and can likely be put down to rising crude oil prices.
Pilbara Minerals Ltd (ASX: PLS)
And last, but certainly not least in terms of trading volume, we have ASX 200 lithium producer Pilbara Minerals. Pilbara shares are flying around the ASX boards today, with a whopping 29.36 shares having changed hands at the time of writing.
Unfortunately for investors, this company seems to have the opposite problem to Santos today. The Pilbara share price is currently down 1.06% and is sitting at $1.87, a 2-month low. It’s this dip that is the likely reason behind Pilbara’s high share volume thus far this Tuesday.
The post These 3 ASX 200 shares are topping the volume charts this 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.