Here are the 3 most heavily traded ASX 200 shares on Tuesday

Ordinary Australians waiting at the bus stop using their phones to trade ASX 200 shares todayOrdinary Australians waiting at the bus stop using their phones to trade ASX 200 shares today

The S&P/ASX 200 Index (ASX: XJO) is enjoying a decent day of trading as it currently stands this Tuesday.

At the time of writing, the ASX 200 has gained 0.28% and is back above 6,800 points. That’s despite a couple of dips into negative territory so far today.

Let‘s dive a little deeper and check out the ASX 200 shares currently at the top of the trading volume charts, according to investing.com.

The 3 most traded ASX 200 shares by volume this Tuesday

South32 Ltd (ASX: S32)

First up today is diversified mining company South32. This ASX 200 miner has had a notable 12.38 million shares change hands on the markets this Tuesday. There’s been no fresh news from South32 today. Saying that, the miner did release a well-received quarterly update yesterday.

It seems sentiment is continuing to coalesce around South32 today. The company is currently up a pleasing 4.35% at $3.72 a share. This is probably the reason for the higher trading volumes we are seeing.

Pilbara Minerals Ltd (ASX: PLS)

Another mining company is next in lithium producer Pilbara Minerals. This ASX 200 lithium stock has had a sizeable 14.83 million of its shares bought and sold thus far. There’s been no news out of Pilbara, either today or this week. So, this elevated volume is probably a consequence of the Pilbara share price rise. It’s enjoying a healthy gain this Tuesday, clocking in a 2.17% increase to $2.60 at the time of writing.

Zip Co Ltd (ASX: ZIP)

Lastly today, we have ASX 200 buy now, pay later (BNPL) share Zip Co. Zip has had a whopping 29.47 million of its shares trade on the share market today.

We don’t have to look too far on this one. This volume is almost certainly the result of the massive share price movements we have seen with Zip.

As we covered earlier, Zip is currently up an impressive 19.3% at $1.02 a share. It rose by as much as 24% to $1.07 earlier in the day. No wonder so many shares have been flying around.

The post Here are the 3 most heavily traded ASX 200 shares on 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 positions in 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 Scott Phillips.

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