The S&P/ASX 200 Index (ASX: XJO) is once again inching higher during this Tuesday’s ASX trading session. After modest gains yesterday, the ASX 200 is up again today, having risen 0.27% higher to just over 7,100 points at the time of writing.
But let’s dig a little deeper into these market moves and check out the companies that are currently topping the ASX 200’s share trading volume charts, according to investing.com.
The 3 most traded ASX 200 shares by volume this Tuesday
Pilbara Minerals Ltd (ASX: PLS)
Lithium producer Pilbara Minerals is first up today. This ASX 200 lithium stock has had a sizeable 15.67 million of its shares trade on the markets thus far today. Lithium producers are also up across the board today, helped by rising commodity prices.
In Pilbara’s case, its share price has enjoyed a healthy 4.23% bump to $2.71 so far today. This comes after the company announced that it, along with project partner Calix Ltd (ASX: CXL), had been awarded a $20 million grant from the Australian Government to develop the proposed Mid-Stream Project at the Pilgangoora lithium project. We likely have this move in the share price to thank for the high trading volumes on display here.
Beach Energy Ltd (ASX: BPT)
ASX 200 energy share Beach is our next horse out of the stable today. So far, a notable 15.74 million Beach Energy shares have changed hands as it currently stands. There’s been no fresh news out of Beach today. However, this oil producer has enjoyed a very sharp rise in value today.
Beach shares are currently up by a pleasing 6.24% at $1.74 each. This move is being mirrored by other ASX energy shares today, and likely reflects sharp rises in the oil price over the past day or two. It’s this big move upward for Beach that is probably behind this elevated trading volume we see.
AGL Energy Limited (ASX: AGL)
An energy share of a different kind, power and gas provider AGL is our final and most traded share of the day thus far this Tuesday. As it currently holds, a whopping 39.75 million AGL shares have been bought and sold so far today.
Once more, we have no news or announcements to speak of with AGL today. Saying that, we have seen some volatile movements with AGL shares that are the likely culprit behind this trading volume. The AGL share price is currently up a solid 1.6% at $8.56 a share. That comes after an initial dip down to $8.38 this morning, followed by a rise to $8.70, and a cooling back to the current AGL share price.
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
- Why BlueScope, OFX, Pilbara Minerals, and Step One shares are pushing higher
- 2 ASX 200 shares smashing multi-year highs today
- ASX 200 midday update: Brambles takeover talks end, resources shares charge higher
- Oz Minerals share price rallies on potential $200m acquisition
- Why is the Pilbara Minerals share price climbing today?
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 Scott Phillips.
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