The S&P/ASX 200 Index (ASX: XJO) is having a pretty lacklustre day of trading so far this Tuesday. At the time of writing, the ASX 200 has lost 0.21% and is currently sitting at 7,229 points.
So rather than trying to figure that out, let’s instead check out the ASX 200 shares that are currently at the top of the market’s trading volume charts, according to investing.com.
The 3 most traded ASX 200 shares by volume so far on Tuesday
Pilbara Minerals Ltd (ASX: PLS)
Pilbara Mienrals once again features on this list of most active ASX 200 shares. This lithium producer has seen a hefty 20.04 million of its shares trade on the markets so far this Tuesday. There has been no major news or announcements out of Pilbara today.
As such, we can probably put this volume down to the movements of the Pilbara share price itself. This company is currently down by a notable 1.97% at $2.98 a share after going as low as $2.93 this morning, a 2022 low. This drop is the likely reason why we find Pilbara on this list today.
Westpac Banking Corp (ASX: WBC)
For the second day in a row, ASX 200 big four bank Westpac makes the cut. Westpac has had a sizeable 20.5 million shares bought and sold on the markets today thus far. We’ve also had no news out of Westpac today. However, this bank did release an impactful announcement yesterday regarding its now-closed $3.5 billion share buyback program.
That announcement sent Westpac up decisively yesterday, but it appears investors have got cold feet today. The company is now down by 2.66% at the time of writing. This is probably the reason we are seeing Westpac appear on this list today.
Beach Energy Ltd (ASX: BPT)
ASX 200 energy company Beach is our final and most traded share of the day so far. A whopping 25.3 million Beach shares have found new owners as it presently stands. What a week Beach has had. The company released its half-year earnings yesterday, which saw the Beach share price leap an extraordinary 10% at one point.
But again, investors seem to have gotten cold feet. With its nasty 9.7% share price fall today, the company has now given up all of those gains and then some. This large drop is almost certainly why Beach is the ASX 200’s most traded share of the day thus far today.
The post These 3 ASX 200 shares are topping the volume charts this Tuesday appeared first on The Motley Fool Australia.
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More reading
- Not so sunny: why the Beach Energy (ASX:BPT) share price is sinking 10% today
- Why is the Vanguard Australian Shares High Yield ETF (ASX:VHY) outperforming in 2022?
- ASX 200 (ASX:XJO) midday update: BHP and SEEK impress, Beach sinks
- 5 things to watch on the ASX 200 on Tuesday
- Why are ASX 200 bank shares getting so much love 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 recommended Westpac Banking Corporation. 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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