The S&P/ASX 200 Index (ASX: XJO) has enjoyed a strong day on Tuesday, although its previous gains have been dented this afternoon. At the time of writing, the ASX 200 is up by a slight 0.16% at just over 7,500 points.
But let’s dig deeper into these gains and check out the shares topping the ASX 200’s trading volume charts, according to investing.com.
The 3 most traded ASX 200 shares by volume this Tuesday
Liontown Resources Limited (ASX: LTR)
The first ASX 200 share up today is battery materials company Liontown Resources. Liontown has had a hefty 11.96 million of its shares change hands as it currently stands. There’s been no major news out of the company itself that might explain this volume. In saying that, Liontown shares have taken a bit of a battering today, which probably provides an alternative explanation. The Liontown share price is currently down by a nasty 5.66% at a flat $2 a share, the probable reason behind today’s high volumes.
AVZ Minerals Ltd (ASX: AVZ)
Lithium hopeful AVZ is our next ASX 200 share worth taking a look at this Tuesday. So far today, a sizeable 28.65 million AVZ shares have found a new ASX home. Again, it seems we have a large share price movement to thank for this elevated trading volume, considering there has been nothing out from the company itself. The AVZ share price has copped a battering today, currently down by 7.52% at $1.23 a share. Even so, the AVZ share price remains up more than 40% over the past month alone.
Pilbara Minerals Ltd (ASX: PLS)
We have another ASX 200 lithium stock in Pilbara Minerals to round out our list today. This producer has watched a whopping 28.84 million Pilbara shares trade on the markets so far today. Yet again, it seems a large share price movement is responsible. And yet again, it’s a steep loss. Pilbara is currently down by 3.18% at $3.50 a share. This is Pilbara’s first major down day in close to a month.
The post Here are the 3 most heavily traded ASX 200 shares on Tuesday appeared first on The Motley Fool Australia.
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More reading
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- Here’s why ASX 200 shares still have ‘a pretty good growth outlook’
- These are the best ASX lithium stocks so far in 2022
- 2 lithium ASX shares to buy in April 2022: experts
- ASX 200 (ASX:XJO) midday update: IGO dealt blow, Block’s data breach, Xero jumps
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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