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 today appeared first on The Motley Fool Australia. –
The S&P/ASX 200 Index (ASX: XJO) is having a fairly decent start to the trading week this Monday. At the time of writing, the ASX 200 is up a reasonably healthy 0.59% to 7,385 points so far today. But let’s dive a little deeper and check out the ASX 200 shares topping the raw volume charts so far this Monday. This data comes from investing.com.
3 ASX 200 shares topping the volume charts today
Oil Search Ltd (ASX: OSH)
ASX 200 energy company and oil driller Oil Search is our first share to check out today. This ASX energy share has seen a hefty 13.13 million shares change hands so far this Monday.
Oil Search has not released any major news or announcements today. However, the ASX 200 energy sector as a whole is having a fantastic day today, thanks to rising crude oil prices. In Oil Search’s case, the company is currently up 1.86% to $4.10 at the time of writing. This is probably the reason why so many Oil Search shares have traded hands so far today.
Pilbara Minerals Ltd (ASX: PLS)
Our next ASX 200 share up today is lithium producer Pilbara Minerals. Pilbara is another company that has not said a peep today. However, that’s where its similarities with Oil Search end. Pilbara shares are down a nasty 3.27% so far today to $2.07 a share.
It’s not entirely clear why investors are hitting the sell button with Pilbara today, but it is worth pointing out that Pilbara is still up roughly 100% over the past 6 months alone. Perhaps there is some profit-taking going on here. Regardless, this nasty fall is the likely cause behind the 15.71 million Pilbara shares that have found new owners so far this Monday.
AMP Ltd (ASX: AMP)
Embattled ASX 200 financial services company AMP is our final share to check out today. AMP has seen a very sizeable 27.7 million of its shares bought and sold so far. The AMP share price hasn’t done anything too remarkable today as of yet. It’s currently sitting at 99 cents, up 0.2% thus far.
However, my Fool colleague Brooke reported on a new court case that AMP is facing this morning. AMP and its Charter Financial Planning business are reportedly being taken to court by Centurion Wealth Advisors. Centurion is alleging AMP breached the terms of its buyout contract for financial advisers. It could be this news that is eliciting a higher volume of AMP shares trading today.
The post These 3 ASX 200 shares are topping the volume charts today appeared first on The Motley Fool Australia.
Should you invest $1,000 in Pilbara Minerals right now?
Before you consider Pilbara Minerals, you’ll want to hear this.
Motley Fool Investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Pilbara Minerals wasn’t one of them.
The online investing service he’s run for nearly a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.* And right now, Scott thinks there are 5 stocks that are better buys.
*Returns as of August 16th 2021
Here’s why the Oil Search (ASX:OSH) share price is up 10% in a week
ASX 200 (ASX:XJO) midday update: Fortescue jumps, Wesfarmers dealt takeover blow
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.