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

Hopes of a last-minute Santa rally this December seem to be fading fast, as the S&P/ASX 200 Index (ASX: XJO) records another loss so far this Tuesday. At the time of writing, the ASX 200 has tanked by a nasty 1.55%, putting the index at just over 7,025 points.

Rather than trying to figure all of that out, let’s instead take a gander at the ASX 200 shares currently at the top of the share market’s trading volume charts, according to investing.com.

The 3 most traded ASX 200 shares by volume this Tuesday

Star Entertainment Group Ltd (ASX: SGR)

Once again, ASX 200 casino operator Star Entertainment makes an appearance on this list today, with a chunky 14.91 million shares traded thus far. And once again, it’s bad news for shareholders. Fresh off of yesterday’s horrid 17.8% drop, Star shares have fallen another 9.67% so far this Tuesday to a new 52-week low of $1.92 a share at the time of writing.

It seems that news of a new state government tax on casino earnings is continuing to weigh on this gaming share today, and explains the high volumes we are seeing.

Pilbara Minerals Ltd (ASX: PLS)

Now time for a regular on this list in ASX 200 lithium share Pilbara Minerals. This Tuesday has had a decent 19.44 million Pilbara shares swap hands as it currently stands.

With no fresh developments out from the company, this looks like a consequence of the share price falls we are seeing with Pilbara today. At present, Pilbara has lost a nasty 3.72% and is back down to $3.88 a share. The lithium leader has now lost around a third of its value since its record high of $5.66 last month.

Core Lithium Ltd (ASX: CXO)

Finally today we have another ASX 200 lithium share in Core Lithium. This session has had a massive 21.18 million Core Lithium shares bought and sold on the share market so far. Just like Pilbara, this looks like it is the result of a depressing share price move.

Unfortunately for Core Lithium investors, the market seems intent on singling out Core for punishment. This lithium share has lost a painful 5.83% so far this Tuesday, putting it down to $1.02 a share. Core shares are now down close to 50% from last month’s record high of $1.88 per share.

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

• Guess which ASX 200 director just sold off $27 million worth of their company’s shares
• Why is the Woodside share price smashing the ASX 200 on Tuesday?
• Core Lithium share price has 25% upside: Macquarie
• While the ASX 200 struggled in 2022, investors doubled down on lithium shares. Here’s why
• 5 things to watch on the ASX 200 on Tuesday

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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