The S&P/ASX 200 Index (ASX: XJO) is enjoying a healthy day in the green so far this Tuesday. At the time of writing, the ASX 200 is up by a robust 0.84% at 7,109 points.
But let’s dig a little deeper and take a look at the ASX 200 shares that are currently topping the market’s share volume charts, according to investing.com.
The 3 most traded ASX 200 shares by volume so far on Tuesday
Zip Co Ltd (ASX: Z1P)
The now-leading ASX 200 buy now, pay later (BNPL) share Zip is our first company to take a look at today. So far, a hefty 17.4 million Zip shares have been traded on the markets. This volume comes after Zip shares returned to trading following a halt and a capital raise announcement.
Zip will be using the funds to purchase its fellow BNPL share Sezzle Inc (ASX: SZL) if all goes to plan. Investors don’t seem agreeable though. The Zip share price is currently down by 5.43% at $2.09 a share after going as low as $1.96 this morning. These developments are the likely cause of the elevated trading volume we are currently witnessing.
Pilbara Minerals Ltd (ASX: PLS)
ASX 200 lithium producer Pilbara is next up today. We have seen a sizeable 18.01 million Pilbara shares bought and sold so far this Tuesday. Again, there has been no major news or developments out of the company this week. However, we have seen a large jump in the company’s share price today thus far.
Pilbara is currently trading at $2.78 a share, up 2.77% for the day so far. Earlier in the session, the company went as high as $2.88 a share. We can probably put this elevated volume down to these rather large moves.
Paladin Energy Ltd (ASX: PDN)
Uranium share Paladin is our final and most traded ASX 200 share of the day thus far. As it currently stands, a whopping 27.5 million Paladin shares have found a new home this Tuesday. There has been no major news or announcement out of this company today.
However, the Paladin share price is enjoying some very healthy moves. Paladin shares are presently up a meaty 11.7% at 86 cents a share. The company has now put on an eye-popping 27.4% over just the past 5 trading days. This jump is the likely smoking gun behind this high volume.
The post These 3 ASX 200 shares are topping the volume charts this Tuesday appeared first on The Motley Fool Australia.
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More reading
- Why Dubber, Evolution, Sandfire, and Zip shares are dropping
- Leading brokers name 3 ASX shares to sell today
- Fretting over ASX share market losses? Expert explains how to ’embrace uncertainty’
- Why is the Sezzle (ASX:SZL) share price falling following Zip’s takeover offer?
- ASX 200 (ASX:XJO) midday update: Zip shares tumble, AUSTRAC takes aim at Crown
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 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.
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