Here are the 3 most traded ASX 200 shares on Tuesday

Group of friends trading stocks on their phones. symbolising the 3 most traded ASX 200 shares today

Group of friends trading stocks on their phones. symbolising the 3 most traded ASX 200 shares today

Oh, my stars. The S&P/ASX 200 Index (ASX: XJO) has had possibly the worst start to the trading week imaginable for ASX investors this Tuesday. Today has seen the ASX 200 cop an absolute belting. The index is currently down a painful 4.4% to well below 6,700 points. 

But rather than dwelling on that, let’s instead take a look at the shares that are currently topping the ASX 200’s volume charts, according to investing.com.

The 3 most traded ASX 200 shares by volume this Tuesday

Telstra Corporation Ltd (ASX: TLS)

ASX 200 telco Telstra is our first cab off the rank this Tuesday. So far today, a sizeable 20.01 million Telstra shares have been traded on the share market. There hasn’t been any news out of Telstra today.

Thus, we can probably say with conviction that this elevated volume is the result of the painful moves the Telstra share price has gone through so far. At present, the telco is down a nasty 2.24% to $3.72 a share. That’s a depressing move to be sure, but at least it’s outperforming the index.

Liontown Resources Limited (ASX: LTR)

Liontown is next up today. This ASX 200 lithium stock has had a hefty 23.45 million of its shares bought and sold on the markets thus far. Unfortunately, this move also seems to be a consequence of a nasty share price sell-off.

Even more unluckily for investors, Liontown shares have been smashed far harder than the broader market. This company has sold off by a meaningful 7.6% so far today and is now almost back to $1 a share. No wonder so many shares have traded today.

Pilbara Minerals Ltd (ASX: PLS)

Our third and final ASX 200 share today is another lithium stock in Pilbara Minerals. A whopping 39.13 million of this company’s shares have swapped hands as it currently stands. Unfortunately, this seems to be yet another byproduct of a dreadful share price movement.

Pilbara shares have been whacked today, although not quite to the same extent as Liontown. Pilbara has dropped 5.8% so far to $2.12 a share, although the company fell as low as $1.98 this morning.

The post Here are the 3 most traded ASX 200 shares on Tuesday appeared first on The Motley Fool Australia.

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Motley Fool contributor Sebastian Bowen has positions in 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 has positions in 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 Scott Phillips.

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