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

An office worker and his desk covered in yellow post-it notes

An office worker and his desk covered in yellow post-it notes

The S&P/ASX 200 Index (ASX: XJO) is currently recovering after a messy morning to record a slight gain this Tuesday. At the time of writing, the ASX 200 has gained a tentative 0.02% and is trading at around 6,995 points.

But rather than trying to figure all of that out, let’s instead dig a little deeper into these market moves and check out the shares currently at the top of the ASX 200’s share trading volume charts, according to investing.com.

The 3 most traded ASX 200 shares by volume this Tuesday

Alumina Limited (ASX: AWC)

ASX 200 alumina and aluminium producer Alumina is our first share worth checking out today. So far this Tuesday, a notable 9.94 million Alumina shares have been traded on the markets.

There has been no fresh news out of Alumina. Thus, this volume is the probable result of the movements of the company’s shares themselves.

So far today, Alumina has lost 0.65% and is now going for $1.52 a share.

Pilbara Minerals Ltd (ASX: PLS)

Next up today is ASX 200 lithium stock Pilbara Minerals. This lithium producer has had a hefty 14.52 million shares trade on the markets so far today.

This looks to be a result of the nasty share price fall the company has endured. Pilbara shares are presently trading at $2.74 each, down by 2.32% today.

Yesterday, Pilbara’s new managing director and CEO Dale Henderson took the reins of the company, which could also be influencing volumes.

Zip Co Ltd (ASX: ZIP)

And it’s ASX 200 buy now, pay later (BNPL) that is now the ASX 200’s most traded share this Tuesday. We have seen 15.46 million Zip shares bought and sold on the ASX thus far.

This looks like a consequence of the volatility we have seen with the Zip share price today. Zip is currently bucking the market with a healthy gain of 3.77% to $1.10 a share.

But Zip rose as high as $1.16 earlier this morning before settling to its current level, a rise worth more than 9% at the time.

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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