These 3 ASX 200 shares were the most traded this Tuesday

Which ASX 200 share is the most heavily traded today?
The post These 3 ASX 200 shares were the most traded this Tuesday appeared first on The Motley Fool Australia. –

The S&P/ASX 200 Index (ASX: XJO) is having a decent, if not inspiring, day of trading this Tuesday. At market close, the ASX 200 is a fair 0.32% to 7,563 points after making a fresh new all-time high of 7,576.3 points earlier this morning.

But let’s now take a deeper look into the ASX 200 shares that are topping the charts today in terms of trading volumes.

3 ASX 200 shares flying around the markets today

Telstra Corporation Ltd (ASX: TLS)

Our first ASX 200 share is the telco giant Telstra. Today, a hefty 13.1 million telstra shares traded on the share market.

This is probably a result of the telco hitting a new 52-week high this morning. Telstra shares rose all the way up to $3.88 a share earlier today, before subsequently cooling off a little. Telstra finished the day at $3.86, up a still-robust 0.92% for the day.

Novonix Ltd (ASX: NVX)

ASX 200 graphite and battery company Novonix is next up on this list. This materials share has had a dramatic resumption of trading today after a recent share price halt. After outlining a capital raising program and an investment by the US oil giant Phillips 66 (NYSE: PSX), the Novinix share price resumed trading today.

And it was something to behold. At market close, Novonix shares finished at $3.43 a share, up 13.58%. This is probably the reason why a substantial 14.7 million NVX shares traded today.

Pilbara Minerals Ltd (ASX: PLS)

And last but certainly not least we have ASX 200 lithium producer Pilbara Minerals. Pilbara tops the ASX 200 charts today in terms of trading volume – and by a mile too. A staggering 33.7 million Pilbara shares were traded today.

Once again, this seems to be the result of a dramatic jump in this company’s valuation today. At market close, Pilbara finished up a whopping 10.95% higher to $2.33 a share. This seems to be in response to some love from broker JPMorgan, which has upgraded its outlook on the entire ASX lithium sector.

The post These 3 ASX 200 shares were the most traded this Tuesday appeared first on The Motley Fool Australia.

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More reading

ASX 200 rises, Challenger and James Hardie up on results

Here are the top 10 ASX shares today

Here’s why ASX 200 lithium shares surged higher on Tuesday

Which shares are leading the ASX 300 on Tuesday?

Why ASX lithium shares are surging to new highs today

JPMorgan Chase is an advertising partner of The Ascent, a Motley Fool company. Motley Fool contributor Sebastian Bowen owns shares of JPMorgan Chase and 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.

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