The recent performance of the CSL Limited (ASX: CSL) share price might have brought some disappointment for ASX investors. Shares of this ASX 200 healthcare giant have been stuck in the mud for a while now. The company last saw an all-time high back in February 2020 – right before the onset of the coronavirus pandemic.

Back then, CSL shares reached as high as $336 a share. But that was more than two years ago now. CSL has rarely even approached those levels since. It climbed above the $300 mark a few times last year. But, on each occasion, that didn’t end up lasting too long. CSL hasn’t been above $300 in 2022 at all. Today, it’s finished at $274.03, up 0.38%.

So CSL is trading at the same level it was in November 2019. The company’s stagnant performance since then is a far cry from the glory days the years prior which typically saw CSL jump by double-digits every year.

But what of the company’s dividends? Since the CSL share price has been so lethargic, dividend returns have had to keep investors placated. So has the CSL dividend been growing in recent years?

Has the CSL dividend been growing?

Well, sort of. In most cases, it’s fairly easy to determine this kind of question. But CSL makes things just a little more complicated than usual. That’s because this company pay its dividends in US dollars. And in greenback terms, yes, CSL has been increasing its dividend very consistently.

In 2021, the healthcare company paid out a total of US$2.22 in dividends per share, consisting of an interim dividend of US$1.04 and a final dividend of US$1.18.

That was a healthy increase on the US$2.02 in dividends per share CSL doled out in 2020. It also represents the latest annual dividend increase (in US dollar terms) in what is now almost a ten-year streak.

However, there is a caveat. In Australian dollar terms, CSL’s dividends have not had such a nice, linear streak of dividend growth. Although CSL increased its dividends from US$2.02 to US$2.22 between 2020 and 2021, it was a different story in Australian dollar terms.

Due to currency fluctuations, CSL investors did not receive a dividend increase in 2021. The company paid out a total of $2.941 in dividends per share in 2020, but only $2.939 in 2021.

Still, CSL has shown an impressive history of delivering a growing dividend to ASX investors over many years. At today’s pricing, CSL offers a trailing dividend yield of 0.95%.

The post Has CSL been growing its dividend? appeared first on The Motley Fool Australia.

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More reading

• Here are the top 10 ASX shares today
• Here are the 3 most heavily traded ASX 200 shares on Tuesday
• Evolution shares take out most traded after experiencing worst fall in more than a decade
• Optus plea to ACCC doing little to these ASX 200 telco shares today
• ASX 200 midday update: Tech shares tumble, Collins Foods jumps

Motley Fool contributor Sebastian Bowen has positions in CSL Ltd. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended CSL Ltd. 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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The Hazer Group Ltd (ASX: HZR) share price closed higher on Tuesday.

This comes after the hydrogen producer announced a construction milestone at its Commercial Demonstration Project (CDP).

Hazer’s CDP is located at the Woodman Point Water Recovery Facility in Western Australia. The company aims to convert natural gas and similar methane feedstocks into hydrogen and high-quality graphite, using iron ore as a process catalyst.

Hazer shares reached an intraday high of 63 cents apiece today before closing 11.11% higher at 61 cents a share.

What’s drovie the Hazer share price higher?

Investors bid the Hazer share price up following the company’s latest positive announcement.

In a statement to the ASX, Hazer advised it has completed construction and the associated commissioning activities at its CDP.

The newly-built facility is the first fully-integrated demonstration of the company’s Hazer Process. It will process biogas produced from the treatment of wastewater at the Woodman Point Water Recovery Facility to produce hydrogen and graphite.

Management noted that the CDP is a stepping stone in demonstrating the scale-up and commercial potential of the Hazer technology.

The latter is a leading example of methane pyrolysis, a low emission and cost-effective method to produce clean hydrogen.

The first phase of the testing program will be carried out at low temperatures using a temporary carbon steel reactor. This will allow trialling of the gas conditioning, solids handling, process control, safety, and utilities systems.

In addition, collection of the initial process data is expected to ultimately de-risk the full operation of the CDP.

However, the company is facing COVID-19-related disruptions to global supply chains in sourcing necessary equipment. As such, the hot-wall Hazer reactor is progressing at its manufacturing mill in China. This is expected to be delivered to Australia some time in the third quarter of 2022, with installation the following quarter.

Management commentary

Hazer Group CEO Geoff Ward touched on the significant achievement, saying:

We are delighted to have reached this important milestone.

I look forward to completing the testing program and continuing to demonstrate the capacity of the Hazer technology to play a significant role at large scale in achieving our critical global decarbonisation goals.

Despite today’s gains, the Hazer share price has fallen 28% over the past 12 months and is down 47% year to date.

The post Hazer lifts 11% amid the ASX hydrogen share reaching a construction milestone appeared first on The Motley Fool Australia.

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More reading

• Are these blue chip ASX 200 shares in the buy zone?
• Broker names 2 ASX 200 financials shares to buy
• Here are the top 10 ASX shares today
• Here are 2 high quality ETFs analysts rate as buys
• These 2 ASX tech All Ords shares are hitting new 52-week lows today

Motley Fool contributor Aaron Teboneras 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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If you’re looking to add some high quality shares to your investment portfolio, then you might want to look at the ASX 200 shares listed below.

Here’s why brokers are tipping these ASX 200 shares as ones to buy right now:

Goodman Group (ASX: GMG)

Goodman could be an ASX 200 blue chip share to buy according to analysts at Citi.

Its analysts are bullish on the global integrated commercial and industrial property company due to its very positive growth outlook. This is being underpinned by strong demand and its burgeoning development pipeline.

In response to the company’s recent third quarter update, the broker commented:

GMG’s 3Q22 update highlights a continuation of strong conditions, which resulted in guidance for FY22 EPS growth being upgraded to 23% (from 20% previously). Like-for-like rental income, development WIP and AUM all increased, albeit with a FX headwind partially offsetting growth in AUM and WIP. Similar to previous periods, we see FY22 guidance as conservative given strong FUM growth into 4Q22, off the back of development completions and rising asset values (as GMG’s book cap rates are softer than market).

Moreover, despite fears, we see the growth outlook as being robust for FY23 as well given solid demand for industrial (which is driving market rental growth above longer-term averages) and ongoing investment demand, which should support asset value and AUM growth.

Citi currently has a buy rating and $29.50 price target on its shares.

Wesfarmers Ltd (ASX: WES)

Analysts at Morgans believe that Wesfarmers could be an ASX 200 blue chip share to buy.

Although the market has turned a touch negative on the retail sector due to concerns over rising living costs, Morgans remains bullish. This is because it believes the company’s businesses are well-placed to navigate the tough consumer environment.

Despite ongoing uncertainty in the operating environment, we think WES is well-placed to benefit when conditions improve and continue to view the stock as a core portfolio holding for long-term investors.

Kmart’s scale and sourcing capabilities underpin its low-cost business model, which allows it to deliver the lowest prices, driving greater demand and scale, and allows further sourcing and product development capabilities. With value expected to become increasingly important, we think Kmart is well-placed to benefit with the average price of an item at around $6-7.

Morgans has an add rating and $58.40 price target on its shares.

The post Are these blue chip ASX 200 shares in the buy zone? appeared first on The Motley Fool Australia.

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More reading

• Why Appen, BWX, Imugene, and Wesfarmers shares are dropping
• Wesfarmers share price tumbles on broker downgrade
• ASX 200 midday update: Tech shares tumble, Collins Foods jumps
• Time is running out to secure the Goodman Group dividend. Here’s what you need to do
• Here’s 3 popular ASX shares that are trading ex-dividend next week

Motley Fool contributor James Mickleboro 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 positions in and has recommended Wesfarmers Limited. 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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Energy and utility shares helped drive the S&P/ASX 200 Index (ASX: XJO) higher on Tuesday. The index is up 0.6% at 6,7426.10 points at market close on Tuesday.

The two leading sectors brushed off Wall Street’s poor start to the week and surged higher on the back of increasing commodity prices. Global oil prices rose around 1.8% overnight while iron ore futures lifted 0.9%. Most base metal prices also picked up before the market opened today.

The S&P/ASX 200 Energy Index (ASX: XEJ) led the market today, gaining 3.5%. Meanwhile, the S&P/ASX 200 Utilities Index (ASX: XUJ) lifted 3%.

Consumer discretionary shares were the hardest hit on Tuesday despite consumer confidence rising week-on-week, according to findings by Australia and New Zealand Banking Group Ltd (ASX: ANZ) and Roy Morgan. The S&P/ASX 200 Consumer Discretionary Index (ASX: XDJ) slumped 1.6% today.

All things considered, some of the shares that topped the market today might come as a surprise. Here are the ten stocks that came out on top on Tuesday.

Top 10 ASX shares countdown today

Of the top ten ASX-listed companies by market capitalisation, those producing with one particular commodity outperformed. And that commodity is… Coal! Thermal coal leapt 1.4% overnight to trade at US$392.45 a tonne, according to CommSec.

The gain likely helped New Hope Corporation Limited (ASX: NHC)’s shares to record a 7.2% lift. Find out more about New Hope here.

That performance was shadowed by Beach Energy Ltd (ASX: BPT)’s 6.6% gain. Take a look at what’s going on with Beach Energy lately here.

Today’s top ten biggest gains were offered by these ASX shares:

ASX-listed company	Share price	Price change
New Hope Corporation Limited (ASX: NHC)	$3.57	7.21%
Beach Energy Ltd (ASX: BPT)	$1.76	6.67%
Northern Star Resources Ltd (ASX: NST)	$7.44	5.98%
Stanmore Resources Ltd (ASX: SMR)	$2.03	5.46%
Woodside Energy Group Ltd (ASX: WDS)	$32.81	4.76%
GQG Partners Inc (ASX: GQG)	$1.45	4.69%
Yancoal Australia Ltd (ASX: YAL)	$5.42	4.23%
AGL Energy Limited (ASX: AGL)	$8.515	3.84%
Grange Resources Limited (ASX: GRR)	$1.3025	3.79%
South32 Ltd (ASX: S32)	$4.19	3.71%

Data as at 3:55pm AEST

Our top 10 ASX shares today countdown is a recurring end-of-day summary to ensure you know which companies were making big moves on the day. Check in at Fool.com.au after the market has closed during weekdays to see which stocks make the countdown.

The post Here are the top 10 ASX shares today appeared first on The Motley Fool Australia.

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More reading

• Here are the 3 most heavily traded ASX 200 shares on Tuesday
• Why are ASX 200 coal shares bouncing back on Tuesday?
• Evolution shares take out most traded after experiencing worst fall in more than a decade
• Own Northern Star shares? Here are the ‘financially compelling’ options vying over $1 billion
• Why BlueBet, Collins Foods, Northern Star, and Tassal shares are charging higher

Motley Fool contributor Brooke Cooper 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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If you’re looking for some exposure to the financial sector, then the two ASX 200 shares listed below could be top options.

Here’s why analysts at Morgans believes these financials shares are in the buy zone right now:

Macquarie Group Ltd (ASX: MQG)

The first ASX 200 financials share to look at is Macquarie. Morgans is a fan of the investment bank due to its positive long term prospects thanks to its exposure to structural growth markets.

The broker explained:

We continue to like MQG’s exposure to long-term structural growth areas such as infrastructure and renewables. The company also stands to benefit from recent market volatility through its trading businesses, while the company continues to gain market share in Australia mortgages.

Morgans currently has an add rating and $215.00 price target on its shares. Based on the current Macquarie share price of $165.95, this implies potential upside of approximately 30%.

QBE Insurance Group Ltd (ASX: QBE)

This insurance giant could be another ASX 200 financials share to buy according to Morgans. Its analysts like the company due to its cost reduction plans and exposure to rising rates. The broker also sees plenty of value in its shares at the current level.

Morgans commented:

With strong rate increases still flowing through QBE’s insurance book, and further cost-out benefits to come, we expect QBE’s earnings profile to improve strongly over the next few years. The stock also has a robust balance sheet and remains relatively inexpensive overall trading on ~14x [now 13x] FY22F PE.

Morgans has an add rating and $14.45 price target on the company’s shares. Based on the current QBE share price of $12.14, this implies potential upside of approximately 19% for investors.

The post Broker names 2 ASX 200 financials shares to buy appeared first on The Motley Fool Australia.

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More reading

• Macquarie share price slips amid move to fortify war chest by $400 million
• How much have Macquarie shares paid in dividends in the last 5 years?
• 2 ASX 200 dividend shares analysts rate highly
• Can Macquarie shares deliver an attractive dividend yield AND 30% upside in 2022?
• What’s the outlook for ASX 200 bank dividends?

Motley Fool contributor James Mickleboro 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 recommended Macquarie Group Limited. 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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If you’re wanting to invest in some exchange traded funds (ETFs), then the two listed below could be worth considering.

Here’s what you need to know about these highly rated ETFs:

ETFS Battery Tech & Lithium ETF (ASX: ACDC)

The ETFS Battery Tech & Lithium ETF could be a top option for investors that are looking to gain exposure to the electrification and decarbonisation trend. That’s because this ETF provides investors with exposure to a range of companies involved in battery technology and lithium mining.

This includes the likes of AMG Advanced Metallurgical Group and Lockheed Martin, as well as Australia’s own Mineral Resources Limited (ASX: MIN) and Pilbara Minerals Ltd (ASX: PLS). These companies look set to benefit greatly from the shift to clean energy and electric vehicles.

One analyst that is particularly positive on the ETF is Jessica Amir from Saxo Markets. Amir recently told Livewire that she believes this ETF could be a top option for investors that aren’t keen on stock-picking but want to gain exposure to the decarbonisation megatrend.

VanEck Vectors MSCI World ex Australia Quality ETF (ASX: QUAL)

The VanEck Vectors MSCI World ex Australia Quality ETF could be another ETF to consider buying this week.

This ETF gives investors access to basket of high quality shares from across the world but excluding Australia. This means it could be a good option for investors that are already overweight with ASX investments.

But what is high quality? To be selected for the fund, companies need to pass certain criteria. This includes having low leverage, high earnings growth rates, and high returns on equity. Companies that have ticked these boxes and have been included in the fund are Apple, Microsoft, Nike, and Nvidia.

Shaw and Partners’ Felicity Thomas is positive on the ETF. She recently told Livewire: “With rising interest rates and the war that’s going on in Europe, I actually think it’s important to invest in quality companies with high revenue growth and a solid balance sheet, which QUAL provides.”

The post Here are 2 high quality ETFs analysts rate as buys appeared first on The Motley Fool Australia.

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More reading

• Are these 2 high quality ETFs in the buy zone this month?
• Down 14% in 2022, is the EFTS Battery Tech & Lithium EFT (ACDC) a buy?
• 2 ETFs I’d buy in June 2022

Motley Fool contributor James Mickleboro 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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It’s another green day for the All Ordinaries Index (ASX: XAO), currently up 0.63% in late trading on Tuesday. However, there are a few ASX tech shares in the All Ords in the red.

In 2022, the ASX share market has been roughed up by worries about inflation, interest rate changes, supply chains, energy prices, and so on.

ASX growth shares have been particularly hit hard. However, there has been something of a recovery in recent days. For example, since 22 June, the Xero Limited (ASX: XRO) share price is up more than 9% and the Block Inc (ASX: SQ2) share price has risen 18%.

It’s impossible to say whether we’ve seen the lowest point of these companies’ falls, or if there are more declines to come.

But other tech businesses are hitting new lows, like these two:

ELMO Software Ltd (ASX: ELO)

The ELMO Software share price has fallen around 50% in 2022. It’s down 7.38% late today, hitting a 52-week low.

ELMO provides cloud-based software for small and medium businesses to manage their people, processes, and pay. It’s currently operating in Australia, the UK, and New Zealand.

It was only a couple of weeks ago that the company confirmed that it had conducted “exploratory discussions” regarding to a confidential, non-binding, indicative takeover proposal priced at $6.10 a share. However, those discussions have since concluded.

At the start of May 2022, the company gave an update for the third quarter of FY22, which showed revenue rose by 37% to $67.4 million. Annualised recurring revenue (ARR) increased 33% to $101.2 million and it generated $2 million of positive earnings before interest, tax, depreciation and amortisation (EBITDA), an increase of $3.2 million.

So, the All Ords ASX tech share is still generating growth, even if the ELMO share price is falling.

Atomos Ltd (ASX: AMS)

The Atomos share price is down around 3.72% in late trading. However, since the start of 2022, it has dropped around 80%, hitting a 52-week low today.

It describes itself as a global video technology company delivering “award-winning, simple to use monitor-recorder content creation products”.

The company’s products take images directly from the sensor of all major camera manufacturers, then enhances, records, and distributes them in high-quality formats for content creation via major video editing software programs. Atomos said its products provide a faster, higher-quality, and more affordable production system for content creators.

The All Ords ASX tech share gave a trading update at the start of May 2022 which said sales were slower than expected in the first four months of the 2022 calendar year because of a change in the company’s marketing approach and lower promotional activity.

This approach was reportedly corrected in the middle of April 2022 and promotional activity was reinstated.

FY22 revenue is now expected to be between $80 million to $90 million, with the EBITDA margin expected to be between 6% to 8%. However, renewed and accelerated promotional activities may see FY22 guidance beaten.

The post These 2 ASX tech All Ords shares are hitting new 52-week lows today appeared first on The Motley Fool Australia.

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More reading

• I think these 2 ASX tech shares are buys in May

Motley Fool contributor Tristan Harrison has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Atomos Ltd and Elmo Software. The Motley Fool Australia has positions in and has recommended Elmo Software. 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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The Dogecoin (CRYPTO: DOGE) price has stumbled after posting a strong run higher over the past week.

One Dogecoin is currently worth 7.08 US cents, down 7% over the past 24 hours.

Even with that loss, though, the Dogecoin price remains up a healthy 17% since this time last week.

By comparison, Bitcoin (CRYPTO: BTC), the world’s top token by market cap, has gained less than 1% over the past seven days.

Why is the Dogecoin price outperforming?

Crypto markets, more broadly, staged somewhat of a recovery over the past week.

This comes as risk assets enjoyed a bounce with investors re-evaluating the likely pace of interest rate increases. Should the United States and other major economies slip into a recession, it could result in less aggressive tightening from the US Fed and global central banks.

That helped drive the tech-heavy Nasdaq to a 4% gain over the past week. And it helped put the Bitcoin price back in the green, barely, and saw the Ethereum (CRYPTO: ETH) price gain 5%.

So, why did the Dogecoin price outperform the top two cryptos?

The answer looks to sit with Elon Musk, the world’s richest man.

Last Sunday the Tesla Inc (NASDAQ: TSLA) CEO reaffirmed his support for the meme token, which has a Shiba Inu as its mascot. Taking to Twitter, Musk wrote, “I will keep supporting Dogecoin.”

When another user tweeted, “Keep buying it then,” Musk responded with, “I am.”

He later told Bloomberg, “I just know a lot of people who are not that wealthy who, you know, have encouraged me to buy and support Dogecoin. I’m responding to those people.”

A long road back to old records

Despite the past week’s welcome rally, the Dogecoin price remains down 59% year-to-date. And the token is down a painful 90% since hitting all-time highs of 73.76 US cents on 8 May last year.

The post What’s going on with the Dogecoin price? appeared first on The Motley Fool Australia.

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More reading

• What one tech guru thinks of the current crypto market
• Why Bitcoin, Ethereum, and Dogecoin are down today
• These 3 cryptos are feeling the Elon Musk effect today
• Dogecoin investor sues Elon Musk for US$258 billion. Here’s why
• The Dogecoin price just leapt 15%. Here’s why

Motley Fool contributor Bernd Struben has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Bitcoin, Ethereum, and Tesla. The Motley Fool Australia has positions in and has recommended Bitcoin and Ethereum. 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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The Novonix Ltd (ASX: NVX) share price is on course to record a disappointing decline.

In afternoon trade, the battery technology company’s shares are down 6% to $2.33.

This means the Novonix share price is now down almost 80% since the start of the year.

Why is the Novonix share price under pressure?

Investors have been selling down the Novonix share price despite there being no news out of the company.

However, the company certainly isn’t alone posting a heavy decline today. A number of shares that are higher up the risk scale have been sold off today.

This includes lithium shares such as Argosy Minerals Limited (ASX: AGY), Lake Resources N.L. (ASX: LKE), and Vulcan Energy Resources Ltd (ASX: VUL). All three are down no less than 4% this afternoon.

In addition, loss-making tech companies such as Life360 Ltd (ASX: 360), Tyro Payments Ltd (ASX: TYR), and Zip Co Ltd (ASX: ZIP) shares are also recording sizeable declines.

What’s going on?

Investors appear to have concerns that the recent rebound from higher risks shares was a dead cat bounce and won’t be sustained.

This follows comments from Trevor Greetham, head of multi-asset at Royal London Asset Management.

Greetham, who oversees US$200 billion of assets under management, warned that the bear market isn’t over yet. He told CNBC:

We still think we’re in a bear market and we think that this is as you describe it, a relief rally, and what we’ve seen so far is just the interest rate-driven part of that bear market.

All the biggest up days are in bear markets, so don’t get too sucked back into markets, I would say. This rally could persist a bit longer, but don’t think this is the end of the bear market – I think there’s quite a bit more time to run through, and you’ve got to be tactical and you’ve got to be diversified.

The post Novonix share price down 6% on Tuesday, what’s happening? appeared first on The Motley Fool Australia.

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More reading

• Wow! Novonix share price rebounds off a 52-week low to surge 11%
• Why is the Novonix share price plunging 6% on Wednesday?
• Why is the Novonix share price charging 7% higher today?
• These were the worst performing ASX 200 shares last week
• Novonix share price loses 20% in dire week for ASX 200 tech stocks

Motley Fool contributor James Mickleboro has positions in Life360, Inc. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Life360, Inc., Tyro Payments, and ZIPCOLTD FPO. The Motley Fool Australia has recommended Tyro Payments. 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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The S&P/ASX 200 Index (ASX: XJO) is having another strong day on the markets this Tuesday so far. At the time of writing, the ASX 200 has added another 0.54% and is now approaching 6,750 points.

But let’s dive deeper into these share market gains and take a look at the shares that are currently topping the ASX 200’s share volume charts today, according to investing.com.

The 3 most traded ASX 200 shares by volume this Tuesday

Tabcorp Holdings Limited (ASX: TAH)

Our first ASX 200 share today is gaming company Tabcorp. So far this Tuesday, a notable 13.8 million Tabcorp shares have swapped owners. That’s despite the Tabcorp share price not doing a whole lot today. It’s currently up 0.66% at $1.07 but dipped during this morning’s trading to $1.04 a share.

Tabcorp did release an investor day presentation this morning, which outlined the company’s plans going forward after the successful demerger of Lottery Corporation Ltd (ASX: TLC) last month. Perhaps this is contributing to Tabcorps volumes.

Pilbara Minerals Ltd (ASX: PLS)

ASX 200 lithium stock Pilbara Minerals is next up. So far today, a sizeable 17.1 million Pilbara shares have been bought and sold on the ASX. This could be in response to the healthy share price appreciation we have seen with this company in today’s session.

Pilbara shares are presently up by 2.16% at $2.37 each. Perhaps it is this market-beating performance that is responsible for this volume. There have been no other news or announcements out of the company today.

Evolution Mining Ltd (ASX: EVN)

Evolution Mining is our third, final and most traded share of the day today. This ASX 200 gold miner has had a whopping 24.12 million of its shares change hands as it currently stands.

As we discussed earlier this afternoon, this elevated volume could be a result of the painful falls Evolution shares have endured over this week so far. Yesterday saw the gold miner sell-off by more than 20% after it posted a disappointing update flagging lower gold production and higher costs.

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

• Evolution shares take out most traded after experiencing worst fall in more than a decade
• What’s behind the weakness in ASX 200 mining shares during June?
• Optus plea to ACCC doing little to these ASX 200 telco shares today
• ASX 200 midday update: Tech shares tumble, Collins Foods jumps
• ‘Always peaks and troughs’: Fundie names when ASX shares will stabilise

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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