The S&P/ASX 200 Index (ASX: XJO) is having another day in the red today. At the time of writing, the ASX 200 is down by 0.47% to 7,265.7 points. But let's move on from that rather depressing statistic and instead check out the heaviest traded ASX 200 shares by volume so far today, according to investing.com.
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The 3 heaviest traded ASX 200 shares on Tuesday so far
Beach Energy Ltd (ASX: BPT)
ASX 200 oil company Beach is our first share to check out today. This Tuesday has seen a hefty 16.8 million Beach shares swap hands so far. There are no major news or announcements out this Tuesday that might explain this trading volume.
However, the Beach share price has had something of a wild day. This energy share is currently down by a nasty 2.93% to $1.43 a share. It's probably this sharp drop that is behind the elevated trading volumes we are seeing today.
Pilbara Minerals Ltd (ASX: PLS)
Lithium producer Pilbara Minerals is next up today. This ASX 200 share has seen a sizeable 23.3 million of its shares change hands on the ASX boards thus far. This appears to be a consequence of the volatility we are seeing in lithium shares like Pilbara this Tuesday.
The company had a great morning on the ASX, rising as high as $2.04 a share around lunchtime. However, sentiment seems to have slipped this afternoon and Pilbara is currently down 0.76% at $1.95 a share. It's this volatility that is probably behind this high trading volume.
Star Entertainment Group Ltd (ASX: SGR)
Embattled ASX 200 gaming and casino company Star Entertainment tops this list for the second day in a row today, with a whopping 25.4 million shares bought and sold so far.
As we covered at the time, Star had a shocker yesterday, falling more than 21% on the back of allegations the company has been allowing illegal conduct at its gaming institutions. At the time of writing, the Star share price has fallen another 2.88% and is currently sitting at $3.205 a share. This is probably why we are seeing so many shares swapping owners today.
