The S&P/ASX 200 Index (ASX: XJO) has taken a nasty fall so far this Tuesday amid global geopolitical concerns. At the time of writing, the ASX 200 has lost 1.27% at 7,141 points.
But rather than letting that get us down, let’s instead check out the ASX 200 shares that are currently heading the market’s trading volume charts, according to investing.com.
The 3 most traded ASX 200 shares by volume so far this Tuesday
Alumina Limited (ASX: AWC)
Alumina is our first ASX 200 share to start with today. This aluminium and alumina producer has had a hefty 18.52 million shares trade on the markets so far this Tuesday. This volume comes after the company reported its full-year results for the 2021 calendar year this morning.
As we covered earlier, Alumina saw profits and dividends both rise, as well as a boost to cash inflow. However, that appears to have disappointed investors, with the Amumina share price currently down a depressing 3.29% to $2.06 a share at the time of writing. It’s probably this steep fall, together with the earnings, that has sparked this high trading volume we’re seeing.
Liontown Resources Limited (ASX: LTR)
ASX 200 battery minerals company Liontown is next up this Tuesday. Today’s trading session has seen a hefty 19.04 million Liontown shares trade hands thus far. Unlike Alumina, Liontown has had no major news or announcements come out as it presently stands.
But the company has had a very nasty share price fall during today’s trading session. Liontown shares are currently down by 9.76% at $1.34 each, a new low watermark for 2022 thus far. It’s this steep drop that is probably responsible for this elevated volume.
South32 Ltd (ASX: S32)
South32 is our final and most traded ASX 200 share of the day as it currently stands. So far, a whopping 20.79 million of this diversified miner’s shares have been bought and sold on the markets today. Again, there’s nothing new out of South32 today.
The company did report a well-received earnings last week though, which initially saw South32 shares jump in value. However, that has all been whittled away by the 2.96% share price tumble the company has experienced so far this Tuesday. It’s this drop that is probably behind South32’s pole position on this list, perhaps assisted by the company’s share buyback program.
The post These 3 ASX 200 shares are topping the volume charts on Tuesday appeared first on The Motley Fool Australia.
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More reading
- Here’s why Mike Cannon-Brookes isn’t giving up on AGL (ASX:AGL)
- Think VAS is the best ASX index fund? These ETFs have beaten it over the past decade…
- ASX 200 (ASX:XJO) midday update: Coles and Cochlear impress, Nanosonics sinks
- Alumina (ASX:AWC) share price sinks despite dividend boost
- Banking on the South32 (ASX:S32) dividend? Here’s what you need to know
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 Bruce Jackson.
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