The S&P/ASX 200 Index (ASX: XJO) has turned negative this afternoon in what would be a fairly disappointing day of trading thus far. At the time of writing, the ASX 200 is down by 0.25% at 7,399 points.
But not to dwell too long on that, let’s dig deeper into the ASX 200 shares currently at the top of the share market’s volume charts, according to investing.com.
The 3 most traded ASX 200 shares by volume on Friday
Pilbara Minerals Ltd (ASX: PLS)
Our first share up today is ASX 200 lithium producer Pilbara. Pilbara has watched as 13.98 million of its shares have changed hands so far this Tuesday. There isn’t much going on with this company today in the news or announcements department. So we can likely put this volume down to the movements of the Pilbara share price itself.
Pilbara shares are currently up a healthy 2.93% at $3.87 at the time of writing. But that comes after the company hit a new record high of $3.89 a share earlier in today’s session. It’s this strong move upwards and new record high that is likely to be the cause of this elevated volume.
Ausnet Services Ltd (ASX :AST)
Energy company Ausnet is next up today. This ASX 200 share has seen a hefty 17.31 million shares bought and sold thus far this Tuesday. Again, there isn’t any news or announcements out of the company today, so let’s take a look at what the Ausnet share price is doing. This company is currently up 0.2% at $2.54 a share. Not too dramatic there, but perhaps Ausnet’s ongoing takeover process with Brookfield Asset Management could be feeding into this volume too.
Telstra Corporation Ltd (ASX: TLS)
Telstra is our final and most traded ASX 200 share of the day so far. This telco has had an impressive 18.33 million of its shares traded on the markets today. We can likely put this down to the new 52-week high that Telstra clocked this morning. The company is presently trading at $4.26 a share but rose as high as $4.31 earlier in today’s session, the new high watermark for the company.
The post Here are the 3 most heavily traded ASX 200 shares this Tuesday appeared first on The Motley Fool Australia.
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More reading
- ASX 200 (ASX:XJO) midday update: Rio Tinto’s Q4 update, JB Hi-Fi rockets, Kogan sinks
- Why ASX lithium shares could send heads spinning this earnings season
- This is how much the average Aussie needs to feel ‘rich’
- 2 big-name ASX shares to buy right now
- 5 things to watch on the ASX 200 on Tuesday
Motley Fool contributor Sebastian Bowen owns Telstra Corporation Limited. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia owns and has recommended Telstra Corporation Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.
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