The S&P/ASX 200 Index (ASX: XJO) has pushed higher this Tuesday in what might be a much-needed break for investors. At the time of writing, the ASX 200 has risen a healthy 1.09% and is currently sitting at 7,188 points.
But let’s dive a little deeper and have a look at the shares that are topping the ASX 200’s trading volume charts right now, according to investing.com.
The 3 most traded ASX 200 shares by volume so far today
Telstra Corporation Ltd (ASX: TLS)
ASX 200 telco Telstra is the first cab off the rank so far today. At the time of writing, a hefty 12.33 million Telstra shares have swapped hands this Tuesday. There has been no price-sensitive news or announcements out of Telstra today.
As such, we can probably put this volume down to the movements of the Telstra share price. This telco has enjoyed a healthy rise upwards in line with the broader market. Telstra shares are currently up a robust 1.49% at $4.09 each. This is probably why we see the company feature on this list today.
BHP Group Ltd (ASX: BHP)
BHP is next up this Tuesday. This ASX 200 mining giant has had a sizeable 18.21 million of its shares change owners at this point of the trading day. Again, there is no official news or announcements out of BHP so far. But the BHP share price has exploded higher today.
It’s currently up a very pleasing 3.6% at $49.10 a share, its highest share price since August last year. This, together with the ongoing machinations of BHP’s recently-completed unification, is probably what is behind this elevated volume we see.
Sydney Airport (ASX: SYD)
Our final and most traded ASX 200 share of the day thus far goes to Sydney Airport. This no-introduction-needed company has seen a whopping 15.31 million of its shares bought and sold this Tuesday. That’s despite the fact not too much is happening with the Sydney Airport share price thus far today.
The company is currently up 1 cent at $8.71 a share. So this volume is a likely byproduct of the upcoming delisting of this company from the ASX boards. Its last day of trading will be tomorrow before the Sydney Aviation Alliance takes full ownership. That’s probably why so many Sydney Airport shares are taking off today.
The post Here are the 3 most heavily traded ASX 200 shares on Tuesday appeared first on The Motley Fool Australia.
Should you invest $1,000 in BHP right now?
Before you consider BHP, you’ll want to hear this.
Motley Fool Investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and BHP wasn’t one of them.
The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.* And right now, Scott thinks there are 5 stocks that are better buys.
*Returns as of January 13th 2022
More reading
- Is the Woodside (ASX:WPL) share price a smart buy for dividends?
- Own BHP shares? Here’s what this quiet investigation uncovered
- ‘Exciting time’: Telstra (ASX:TLS) share price climbs amid $100 million IoT deal
- ASX 200 (ASX:XJO) midday update: Macquarie and Suncorp impress
- Is now the time to rid your ASX share portfolio of COVID losers?
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.
from The Motley Fool Australia https://ift.tt/qkbnjsf
Leave a Reply