We take a look at the most active ASX 200 shares by volume…
The post Here are the 3 most traded ASX 200 shares so far this Tuesday appeared first on The Motley Fool Australia. –
The S&P/ASX 200 Index (ASX: XJO) is having a pretty depressing day of trading so far this Tuesday. At the time of writing, the ASX 200 is down a nasty 1.34% to 7,285 points. But rather than dwelling on that miserly figure, let’s instead check out the ASX 200 shares that are topping the charts in terms of raw trading volume so far today, according to investing.com.
The 3 most traded ASX 200 shares so far this Tuesday
Beach Energy Ltd (ASX: BPT)
Our first ASX 200 share to check out today is energy share Beach. This Tuesday has seen a hefty 23.28 million Beach shares trade on the ASX boards so far. This is almost certainly due to the company’s substantial share price jump we have seen today.
As my Fool colleague James covered earlier this morning, Beach announced a partnership with the oil giant BP. Coupled with a sharp increase in oil prices recently, this seems to have given the company a huge boost. Beach energy shares are currently up a very pleasing 8.3% today to $1.34.
Oil Search Ltd (ASX: OSH)
Another ASX 200 energy share takes second spot today in Oil Search. Today has seen a sizeable 25.11 million OSH shares bought and sold so far. Again, we see similar factors influencing this company’s shares today.
Whilst not as enthusiastic as Beach, Oil Search is still up an impressive 5.84% today to $4.35 a share. It’s this jump that is probably behind so many shares trading thus far.
AMP Ltd (ASX: AMP)
And our final and most traded ASX 200 share today is wealth manager AMP. AMP has seen a whopping 68.3 million of its shares change owners so far today. The AMP share price has also jumped today.
It’s presently up a healthy 4.77% to $1.03 a share, almost certainly explaining the huge surge in shares trading today. There are no obvious reasons why AMP’s shares are rocketing, but my Fool colleague Ken discussed this further this morning.
The post Here are the 3 most traded ASX 200 shares so far 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.