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 having a bit of a shaky session so far this Tuesday. At the time of writing, the index has retreated from yesterday’s close, currently down 0.19% at just over 7,335 points.

It was even worse for the ASX 200 earlier this morning too, with the market sinking down to below 7,300 points at one point.

But rather than letting all that get us down, let’s turn our attention to the stocks that are currently at the top of the ASX 200’s share trading volume charts at present, according to

The 3 most traded ASX 200 shares by volume this Tuesday

Pilbara Minerals Ltd (ASX: PLS)

Our pioneering share today in terms of trading volumes is the ASX 200 lithium producer Pilbara Minerals. So far this session, a notable 16 million Pilbara shares have traded hands as it currently stands. There’s been no new news or announcements out of Pilbara itself today.

However, the company, alongside most other ASX lithium stocks, has experienced a pretty massive share price gain all the same. My Fool colleague went into this sector-wide love earlier this afternoon.

At present, Pilbara shares have enjoyed a 4.4% jump in value to $4.38 a share, which is probably the reason we are seeing so many shares flying around.

Sayona Mining Ltd (ASX: SYA)

Next up we have another ASX 200 lithium stock in Sayona Mining. This Tuesday has had an impressive 16.78 million Sayona shares find a new home thus far.

We haven’t had any fresh news out of Sayona today either. So again, it seems this is a similar situation to that of Pilbara. In Sayona Mining’s case, the company has lifted by a chunky 5.85% at present to 22 cents a share. No wonder so many shares have been traded after a gain of this size.

Mirvac Group (ASX: MGR)

Finally today, we have the ASX 200 real estate investment trust (REIT) Mirvac Group. Mirav has seen a whopping 44.73 million of its units exchanged on the ASX at this point of the trading day.

With no developments out of this REIT, it seems that once again we have to look to this trust’s unit price movements for an explanation. And Mirvac has indeed had quite a volatile day.

Investors started Mirvac out strong this morning, with the REIT rising as high as $2.25 per unit. But investors seem to have gotten a case of the cold feet, seeing as Mirvac has now swung into the red zone.

Right now, Mirvac is going for $2.22 per unit, down by 0.45% this session, after going as low as $2.20 earlier this afternoon. This bouncing around is probably the cause of the elevated volumes we are witnessing.

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 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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