The S&P/ASX 200 Index (ASX: XJO) is enjoying a day of solid gains as it stands so far this Tuesday. At the time of writing, the ASX 200 is up by a robust 1.28% at just over 7,370 points.
So let’s dive deeper into this pleasing performance and have a look at the shares that are currently at the top of the ASX 200’s trading volume charts, according to investing.com.
The 3 most traded ASX 200 shares by volume this Tuesday
Alumina Limited (ASX: AWC)
Alumina is our first share to have a glance at today. This ASX 200 aluminium and alumina producer has had a solid 13.56 million shares traded on the markets thus far.
There has been no news or announcements out of the company that could easily explain this volume. But the Alumina share price has had a very strange day. It initially opened strongly at $2.04 a share (up 2.5%) but has been losing steam all day. The company is now at $1.99, which is flat on yesterday’s close.
It’s probably this bouncing around that has elicited this high trading volume.
Paladin Energy Ltd (ASX: PDN)
ASX 200 uranium share Paladin Energy is next up. So far today, a hefty 19.93 million Paladin shares have found a new home.
Again, this doesn’t seem to have been sparked by anything out of the company itself. So let’s look at the company’s share price movements. Paladin has had an exceptional day of trading so far. The company is currently up by 6.02% at 88 cents a share.
It’s almost certainly this notable gain that is responsible for the high trading volumes we are seeing.
AVZ Minerals Ltd (ASX: AVZ)
Another ASX 200 miner tops our list today in AVZ Minerals. This lithium hopeful has had a whopping 36.58 million of its shares bought and sold on the markets so far this Tuesday.
Again, we seem to have a large share price movement to thank for this volume. AVZ shares are currently up an eye-watering 7.9% at $1.02 a share. That also happens to be a new all-time high for AVZ, so it’s perhaps no wonder many shares are flying around the markets.
The AVZ share price has now gained more than 385% over the past year.
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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