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

At last, the S&P/ASX 200 Index (ASX: XJO) has turned a corner. Or at least, that’s how it’s heading so far this Tuesday. After falling for most of the past week, the ASX 200 is back in the green today. At present, the index is up a decent 0.24% to just under 7,200 points.

So let’s dive a little deeper into the share market moves today and check out the shares currently at the top of 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)

Our first ASX 200 share today is no stranger to this list. Lithium producer Pilbara Minerals has had a notable 12.83 million shares change hands as it currently stands. There’s been no major news or announcements out of Pilbara today that might be able to explain this volume.

As such, we can probably conclude that it is the volatility we have seen with the Pilbara share price this Tuesday that is responsible.

Pilbara had a strong start to the trading session this morning, rising as high as $4.63 a share soon after market open, after closing at $4.53 yesterday. But investors seem to have gotten some cold feet, with the PiIbara share price slipping by lunchtime. It is now firmly in red territory, having recorded a loss so far today of 0.22% down to $4.52 a share.

Telstra Group Ltd (ASX: TLS)

From PLS to TLS, ASX 200 telco Telstra is next up this Tuesday. This session has seen a sizeable 12.3 million Telstra shares phone home. We haven’t heard much from Telstra today either.

Saying that, the Telstra share price has been rising healthily over the current session. The telco’s shares are currently going for $4.02 each, up 0.63%.

Perhaps investors have taken note of broker Mogans’ $4.60 share price target that we covered yesterday. It’s this strong rise that is probably behind Telstra’s robust volumes.

Core Lithium Ltd (ASX: CXO)

Finally, we have ASX 200 lithium share Core Lithium for our last and most traded share of the day. This Tuesday has seen a hefty 16.77 million Core shares swap owners on the markets thus far.

We have a very similar situation to that of Pilbara Minerals going in here, it seems. This morning also saw Core shares jump higher, rising to a high of $1.20 each.

But over the day, investors have lost their lithium steam, and have now sent the company down to $1.15 a share, down 0.86% for the session. Again, it’s this bouncing around which looks like it has caused the high volumes we are witnessing.

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

• How I’d try to make $1 million by investing $5 a day in ASX 200 shares
• The Macquarie dividend is being divvied out today. Here’s the lowdown
• How big will the Pilbara Minerals dividend be in 2023?
• 5 things to watch on the ASX 200 on Tuesday
• Morgans names 2 of the best ASX 200 dividend shares to buy in December

Motley Fool contributor Sebastian Bowen has positions in Telstra Group. 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 positions in and has recommended Telstra Group. 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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