We take a look at the most active ASX 200 shares by volume…
The post Here are the ASX 200’s most active shares this Tuesday appeared first on The Motley Fool Australia. –
The S&P/ASX 200 Index (ASX: XJO) has had a fairly wild day of trading thus far on Tuesday. The ASX 200 is currently in the green, up a healthy 0.14% at 7,258 points after falling all the way down to 7,191 points earlier today.
So let’s check out which ASX 200 shares are currently topping the charts in terms of raw trading volume, according to investing.com.
The ASX 200’s 3 most traded shares this Tuesday
Telstra Corporation Ltd (ASX: TLS)
ASX 200 telecommunications giant Telstra is our first company to check out today. This Tuesday has seen a hefty 21.26 million Telstra shares change hands at the time of writing. There is no major news or announcements out of Telstra today so far.
However, the Telstra share price is having a pretty decent day today. The telco is up 1.42% to $3.93 a share thus far. This likely is what is resulting in such a high volume of Telstra shares trading this Tuesday.
South32 Ltd (ASX :S32)
ASX 200 resources share South32 is next up. This diversified miner has seen a sizeable 23.75 million of its shares bought and sold so far this Tuesday. Like with Telstra, there is no major news or announcements out of this company today.
However, South32 shares are being rather heavily sold off thus far. The South32 share price is currently sitting at $3.28 a share, down 1.05%. It seems this selloff is what is behind the large volume of S32 shares flying around this Tuesday.
AMP Ltd (ASX: AMP)
Yes, embattled wealth manager and financial services company AMP is still an ASX 200 share, if only by the skin of its teeth. This Tuesday has seen a whopping 26.3 million AMP shares swap hands so far. Once again, there are no major developments we can point to for this move.
However, and unfortunately for investors, this company is having the same problem as South32. The AMP share price is down 1.32% today to yet another all-time low of 93 cents at the time of writing, putting its losses for the past month at 13.7%.
This drop today is the likely reason why AMP is currently topping the ASX 200 trading volume charts.
The post Here are the ASX 200’s most active shares this Tuesday appeared first on The Motley Fool Australia.
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Motley Fool contributor Sebastian Bowen owns shares of 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.