These 3 ASX 200 shares are topping the volume charts on Tuesday

The S&P/ASX 200 Index (ASX: XJO) is having another disappointing day so far this Tuesday. At the time of writing, the ASX 200 is down by a disappointing 0.6% at just under 7,000 points after bouncing up and down all day. 

But rather than trying to figure that out, let’s instead take a look at the shares currently topping the ASX 200’s volume charts, according to investing.com.

The 3 most traded ASX 200 shares by volume so far this Tuesday

Coronado Global Resources Inc (ASX: CRN)

Metallurgical coal company Coronado is a miner that finds itself on this list today. As it currently stands, an eyecatching 20.63 million of this ASX 200 company’s shares have bounced around the ASX this Tuesday.

Again, there’s no news out from the company to speak of, but Coronado has also had a big drop in value on the markets. Its shares are currently down a depressing 4.03% at $1.98 each. But that still leaves Coronado up close to 35% over the past month, to put that into perspective.

South32 Ltd (ASX: S32)

Diversified ASX 200 miner South32 is our next share up this Tuesday. So far today, a notable 21.05 million South32 shares have found a new home. There’s been no fresh news out of the company today.

Thus, it’s likely that this elevated volume is the result of the nasty tumble South32 has endured so far today. The company is currently down by 6.34% at $5.02 a share. However, it remains up close to 20% over the past month.

Nickel Mines Ltd (ASX: NIC)

It’s all about those miners today, it seems. ASX 200 nickel share Nickel Mines is our third and final ASX share experiencing elevated trading volumes on the markets. In this company’s case, a hefty 33.6 million shares of Nickel Mines have changed hands as it currently stands.

As is a theme today, this doesn’t appear to be the result of anything out of the company itself. Rather, another large share price fall seems to be to blame. Nickel Mines is presently down by 4.7% at $1.57 a share. But that comes just after the company hit a new 52-week high only yesterday. 

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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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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