Here are the 3 most heavily traded ASX 200 shares on Tuesday

A man working in the stock exchange.A man working in the stock exchange.

The S&P/ASX 200 Index (ASX: XJO) is having a positive, if tenuous, day of green so far this Tuesday.

The ASX 200 initially opened strongly this morning. But over the day, the index has slipped lower. Even so, the ASX 200 remains up a decent 0.22% at the time of writing, putting the index at just under 7,800 points.

So time to dig a little deeper into today’s trading session. Let’s now have a look at the ASX 200 shares currently topping the market’s share trading volume charts, according to investing.com.

The 3 most traded ASX 200 shares by volume this Tuesday

Core Lithium Ltd (ASX: CXO)

Our first ASX 200 share to check out this Tuesday is the lithium share Core Lithium. So far today, a sizeable 27.55 million shares have been swapped on the markets.

This has no doubt been assisted by the company’s pleasing 4% jump that we’ve witnessed. As my Fool colleague Zach dug into earlier, this could be a consequence of Core’s recent deal with the electric car manufacturer Tesla Inc (NASDAQ: TSLA).

Pilbara Minerals Ltd (ASX: PLS)

Another ASX 200 lithium share is next up. Pilbara Minerals has seen a notable 30.33 million of its shares bought and sold on the share market thus far.

It’s been a big day for Pilbara. The company put out its quarterly update this morning, which investors were initially delighted with.

Soon after market open, Pilbara shares hit a new record high of $5.66 a share. But sentiment has dramatically cooled since, and the Pilbara share price is presently down by 0.74% at $5.34. With all of this bouncing around, it’s perhaps no wonder so many shares have been trading.

Sayona Mining Ltd (ASX: SYA)

Another ASX 200 lithium company is our third and final share experiencing high trading volumes this Tuesday. At this point of the session, a whopping 95.13 million Sayona shares have found a new home as it currently stands.

Alongside its lithium contemporaries, Sayona has enjoyed a very strong session today. Unlike Pilbara though, investors’ feet remain warm. The company is currently up a healthy 9.36% at 26 cents a share.

We haven’t had any news out of Sayona today. But it has released some well-received updates over the past month or so, which we dove into earlier. This could be a factor at play here.

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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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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