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

The S&P/ASX 200 Index (ASX: XJO) has staged an enthusiastic recovery so far this session, coming after the carnage we saw on the markets yesterday. At the time of writing, the ASX 200 has rebounded strongly,  currently up by a healthy 0.96% at just under 6,970 points. Let’s hope the momentum keeps up.

So let’s dig a little deeper into these pleasing gains by checking out the stocks that are at the top of the ASX 200’s share trading volume charts right now, according to investing.com. 

The 3 most traded ASX 200 shares by volume this Tuesday

Liontown Resources Ltd (ASX: LTR)

First up today is the ASX 200 lithium share Liontown Resources. So far this session, a decent 15.7 million Liontown shares have been bought and sold on the share market. There hasn’t been much in the way of market-sensitive news out of Liontown today – although the company did release an investor presentation this morning.

So it looks like this volume is the result of the volatile session this lithium share has experienced this Tuesday. Right now, Liontown shares have put on a pleasing 2.14% up to $1.53 a share. But this afternoon saw the company drop into red territory, getting as low as $1.46 a share.

Pilbara Minerals Ltd (ASX: PLS)

Next up we have another AX 200 lithium stock, Pilbara Minerals. This Tuesday has had a notable 20.49 million PIlbara shares traded on the markets thus far. With no news at all out of Pilbaarra today, it looks as though its share price movements are again to blame here.

Pilbara hasn’t had quite a bouncy day as Liontown. But this lithium miner has still ricocheted between $3.51 and $364 a share this session. It’s currently up by 2.01% at $3.55 a share. This bouncing around is probably what is behind Pilbara’s high volume figures.

Sayona Mining Ltd (ASX: SYA)

Third and finally today we have yet another ASX 200 lithium stock in Sayona Mining. A whopping 42.63 million Sayona shares have swapped hands as it currently stands. And again, it looks as though these elevated numbers come down to the movements of the Sayona share price itself.

Sayona is another stock that has seen significant volatility today, even going between a gain, a loss and another gain. Right now, the company is ahead by 0.98% at 21 cents a share. But Sayona was up more than 3% at one point today, and down by 1.5% at another. No wonder so many shares have been flying around here.

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

(function() {
function setButtonColorDefaults(param, property, defaultValue) {
if( !param || !param.includes(‘#’)) {
var button = document.getElementsByClassName(“pitch-snippet”)[0].getElementsByClassName(“pitch-button”)[0];
button.style[property] = defaultValue;
}
}

setButtonColorDefaults(“#43B02A”, ‘background’, ‘#5FA85D’);
setButtonColorDefaults(“#43B02A”, ‘border-color’, ‘#43A24A’);
setButtonColorDefaults(“#fff”, ‘color’, ‘#fff’);
})()

More reading

• These ASX lithium shares are a buy despite explosive supply forecast: UBS
• 1 reason to avoid the stock market, and 3 great reasons to invest today
• Why is the Woodside share price on the move today?
• Buy Pilbara Minerals and this high yield ASX dividend share: analysts
• 5 things to watch on the ASX 200 on Tuesday

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.

from The Motley Fool Australia https://ift.tt/yRqkd5w