These shares are the most active on the ASX 200 today.
The post These ASX 200 shares are on the move today appeared first on The Motley Fool Australia. –
The S&P/ASX 200 Index (ASX: XJO) is having a pretty strong day today, rising 1.65% at the time of writing to 7,354 points. That erases most of the losses from yesterday’s ASX plunge.
So let’s take a look at some of the ASX 200 shares that are on the move today:
3 ASX 200 shares on the move today
Zip Co Ltd (ASX: Z1P)
Zip Co shares are moving around the ASX 200 boards today, with 9.31 million shares having traded on the share market so far. This company has had a rather wild couple of days over the past week. It was up 1.35% yesterday (despite the ASX 200’s sell off) and is up 11.8% in the past week or so. That’s despite Zip shares falling 0.73% so far today to $8.15. It’s likely that all of this volatility is adding to trading volumes for Zip shares today. There has been no other major news or announcement out of the buy now, pay later (BNPL) company today.
Alumina Limited (ASX: AWC)
Aluminium and alumina producer Alumina (yes, that can get confusing) is another ASX 200 share that’s on the move today. A hefty 10.43 million Alumina shares have traded today so far. Again, there are no major news or announcements out of Alumina today that might easily explain the interest Alumina is getting from investors today. However, the Alumina share price is currently up 2.67% today to $1.62 a share, so that might tell us all we need to know.
Pilbara Minerals Ltd (ASX: PLS)
Once again, ASX 200 lithium miner Pilbara is the most actively traded ASX share today. At the time of writing, a substantial 19.63 million shares have changed hands. This is probably a direct result of the sizable jump in valuation Pilbara has enjoyed today. At the time of writing, Pilbara Minerals shares are up a sizable 7.78% to $1.46 a share. That’s despite no official news or announcements out of the company currently. Incidentally, my Fool colleague Brooke Cooper this morning covered how Pilbara is currently the ASX 200’s top-performing resources company over 2021 so far.
Wondering where you should invest $1,000 right now?
When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for more than eight years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*
Scott just revealed what he believes could be the five best ASX stocks for investors to buy right now. These stocks are trading at near dirt-cheap prices and Scott thinks they could be great buys right now.
*Returns as of May 24th 2021
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. owns shares of and has recommended ZIPCOLTD FPO. 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.