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

This Tuesday has been a rather bouncy one for the S&P/ASX 200 Index (ASX: XJO). At the time of writing, the ASX 200 is down a slight 0.08% at just over 7,015 points after several stints in both positive and negative territory throughout the trading day.

But rather than trying to figure all of that out, let’s instead check out the ASX 200 shares that are currently topping the share market’s trading volume charts, according to investing.com.

The 3 most traded ASX 200 shares by volume this Tuesday

Liontown Resources Limited (ASX: LTR)

First up today is ASX 200 lithium stock Liontown Resources. So far this Tuesday, a notable 25.86 million Liontown shares have been traded on the share market. There’s been no fresh news out of the company. But the Liontown share price itself has had an absolute corker.

The company is presently up a healthy 6.34% at $1.71 a share after rising as high as $1.78 earlier this afternoon. It’s this sharp rise that has probably elicited the high volumes we are seeing.

Core Lithium Ltd (ASX: CXO)

It’s another ASX 200 lithium stock up next today. This Tuesday has seen a hefty 28.8 million Core Lithium shares bought and sold. There hasn’t been much out of Core Lithium either. But once again, we have a large share price rise on display today.

Core Lithium shares are presently up an even more pleasing 8.97% at the time of writing at $1.48 a share. It’s this massive share price run that is undoubtedly behind so many shares trading.

Lake Resources N.L. (ASX: LKE)

At the risk of sounding like a broken record, we have yet another ASX 200 lithium share rounding out our list today in Lake Resources. A sizeable 63.35 million Lake shares have swapped hands as it currently stands. This one is a doozy.

This elevated volume is almost certainly a consequence of Lake’s massive 25.77% surge we’ve seen today to $1.35 a share. Like with the other lithium shares today, this phenomenal share price rise seems to have been prompted by a whole lot of not much. All is silent on the Lake Resources front today when it comes to ASX announcements. There must be something in the water…

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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More reading

• In this most volatile of years, the ASX 200 is within shouting distance of turning positive
• Could this development further energise ASX lithium shares in FY23?
• Here are 2 reasons why I like the Endeavour share price today
• Why is the Core Lithium share price leaping 10% on Tuesday?
• Why is the Lake Resources share price powering up 17% today?

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 no position in any of the stocks mentioned. 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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