Unfortunately, the S&P/ASX 200 Index (ASX: XJO) has dipped into the red during this Tuesday’s trading session so far. At the time of writing, the ASX 200 is down by a deflating 0.61% at just under 7,440 points.
But let’s not wallow in our grief. Instead, we’ll take a look at the shares that are sitting at the top of the ASX 200’s volume charts, according to investing.com.
The 3 most traded ASX 200 shares by volume this Tuesday
Pilbara Minerals Ltd (ASX: PLS)
Lithium stock Pilbara Minerals is our first ASX 200 share to check out today. So far this Tuesday, a hefty 20.17 million Pilbara shares have been traded on the share market. This has probably been sparked by the operational update the company put out this morning.
As the Fool covered earlier, this update showed the company had met production guidance at its Pilgangoora project over the March quarter. Despite this, investors have sent the Pilbara share price down a nasty 5.52% so far today at $2.91 a share. These events have likely elicited the high trading volumes we are seeing.
Paladin Energy Ltd (ASX: PDN)
ASX 200 uranium share Paladin is next up this Tuesday. So far today, a sizeable 20.65 million Paladin shares have changed hands as it currently stands. Unlike Pilbara, there has been no major news or announcements out of Paladin today.
However, the company is also suffering a significant share price fall so far today. Paladin shares are now trading at 83 cents each, down by 4.6%. This selloff is probably responsible for the high trading volumes currently on display.
AVZ Minerals Ltd (ASX :AVZ)
Yet another ASX 200 resources share in lithium hopeful AVZ rounds out our list today. So far, a whopping 29.39 million AVZ shares have changed owners during trading so far on Tuesday. There’s been no major news out from this company today either.
So again, we should probably assume that the elevated volumes we are seeing are the result of the performance of the AVZ share price itself. Right now, AVZ shares are down a notable 2.84% at $1.025 each.
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
- What’s dragging the Pilbara Minerals share price 5% lower today?
- How is AFIC different from an ASX 200 ETF?
- How did ASX uranium shares perform last quarter?
- ASX 200 midday update: Pendal rejects takeover offer, Mineral Resources rises on broker upgrade
- All that glitters isn’t gold: Here are the worst performing ASX mining shares of the quarter
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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