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

The S&P/ASX 200 Index (ASX: XJO) has come back from the Easter long weekend with a new lease on life it seems. After last week’s shaky performance, the ASX 200  has rocketed higher so far this Tuesday.

At the time of writing, the Index has risen by a pleasing 1.24% to back over 7,300 points. Perhaps it’s a chocolate high, but we’ll have to wait and see.

But let’s now turn to the shares that are topping the share market’s trading volume charts so far this session, according to investing.com. 

The 3 most traded ASX 200 shares by volume this Tuesday

Mirvac Group (ASX: MGR)

First up this Tuesday is the ASX 200 real estate investment trust (REIT) Mirvac Group. So far today, a notable 14.7 million Mirvac units have moved to new owners. We haven’t had any news or announcements out of Mirvac for almost a month.

So it looks like today’s volumes can be explained by the Mirvac unit price itself. Lo and behold, this REIT has had a cracking day. Mirvac is currently up a chunky 2.31% to $2.21 a unit. No wonder so many units are flying around.

Telstra Group Ltd (ASX: TLS)

Next, let’s discuss the ASX 200 blue chip Telstra. This session has had a hefty 17.1 million Telstra shares change hands as it currently stands. Again, there’s been no developments out of Telstra itself. But turning to the Telstra share price, we can see a possible cause for this volume here.

Telstra has also had a top day. The telco has gained a decent 0.5% so far to $4.29 a share. But Telstra also hit a new 52-week high of $4.32 a share this morning, its latest in what has been a fantastic month for shareholders. This new high is probably why Telstra is gracing this list today.

Pilbara Minerals Ltd (ASX: PLS)

Lastly this Tuesday, let’s take a look at ASX 200 lithium share Pilbara Minerals. Today has seen a whopping 20 million Pilbara shares bought and sold on the markets so far. Again, it looks like we have a share price move to thank for this elevated trading volume.

Pilbara has had a bit of a bouncy day, trading between $3.65 a and $3.72 a share. The company is currently in the green though, up a happy 2.5% at $3.70 a share. It’s these gains that probably explain Pilbara’s place at the top of the volume tables so far today.

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

• Blue chip beat-down: 5 huge ASX 200 shares cementing new 52-week highs today
• Can the Telstra share price keep on rising?
• Why are ASX lithium shares leaping ahead today?
• 3 things I wish I knew before I started investing in ASX 200 shares
• 2 ASX 200 shares that could be top buys for growth

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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