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

We take a look at the most active ASX 200 shares by volume…

| More on:
busy trader on the phone in front of board depicting asx share price risers and fallers

Image source: Getty Images

The S&P/ASX 200 Index (ASX: XJO) is having a pretty disappointing day of trading so far this Tuesday. At the time of writing, the ASX 200 is down by 0.33% at 7,346 points. But let’s dig a little deeper and see which ASX 200 shares are topping the trading volume charts today so far, according to investing.com.

3 most active ASX 200 shares by volume

Fortescue Metals Group Limited (ASX: FMG)

ASX 200 iron ore miner Fortescue is our first share topping the volume charts so far this Tuesday. At the time of writing, this miner has seen a sizeable 15.14 million of its shares change owners today.

This appears to be a result of the nasty share price slide Fortescue shares are experiencing today. Currently, this iron ore giant is down 2.65% at $13.95 a share, which is probably causing so many Fortescue shares to be traded on the markets today. Fortescue is now down more than 40% in just 3 months.

Westpac Banking Corp (ASX: WBC)

ASX 200 banking giant Westpac is our next cab off the rank. Westpac has, so far today, seen a lofty 15.6 million of its shares bought and sold.

Like Fortescue, this appears to be the result of a large share price loss this bank has endured so far today. At the time of writing, Westpac shares are down by 2.52% at $23.18 each. My Fool colleague James posted this morning that this could be a reaction to some tough love from broker Goldman Sachs.

Whitehaven Coal Ltd (ASX: WHC)

Our third and final ASX 200 share to check out today is coal miner Whitehaven. Whitehaven has seen a whopping 21.82 million of its shares swap hands thus far this Tuesday. There is no major news or announcements out of Whitehaven today.

However, that hasn’t stopped yet another major sell-off of this company. At the present time, Whitehaven is down a painful 7.4% to $2.42 a share. It’s this slide that is likely responsible for such a high volume of shares trading today. This company’s losses over just the past month are now approaching 30%.

Should you invest $1,000 in Westpac right now?

Before you consider Westpac, you'll want to hear this.

Motley Fool Investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now... and Westpac wasn't one of them.

The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.* And right now, Scott thinks there are 5 stocks that are better buys.

*Returns as of January 13th 2022

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 Bruce Jackson.

More on Share Market News

Top 10 - asx shares today
Share Market News

Here are the top 10 ASX shares today

Today, the S&P/ASX 200 Index (ASX: XJO) fought back against the selling pressure throughout the day to finish in the green. …

Read more »

The word inflation written with a ticking time bomb.
Share Market News

Why is it when Jerome Powell sneezes, the ASX 200 catches a cold?

Key points The ASX 200 took a hit following comments from the United States Federal Reserve chair Jerome Powell Expectations …

Read more »

blue arrows representing a rising share price ASX 200
Share Market News

These 3 ASX 200 shares are topping the volume charts this Friday

Finally, a day of green for ASX shares! The S&P/ASX 200 Index (ASX: XJO) is bouncing back strongly today, after a …

Read more »

Young boy wearing suit and glasses adds up on calculator with coins on table
Share Market News

This world-famous fund manager is ‘buying the dip’. Here’s why

Key points Bill Ackman is one of the most famous fund managers in the world He runs Pershing Square Capital …

Read more »

Two male ASX 200 analysts stand in an office looking at various computer screens showing share prices
Share Market News

ASX 200 (ASX:XJO) midday update: ResMed and PointsBet disappoint

At lunch on Friday, the S&P/ASX 200 Index (ASX: XJO) is on course to end the week on a much-needed positive …

Read more »

A man activates an arrow shooting up into a cloud sign on his phone, indicating share price movement in ASX tech shares
Share Market News

Is the Betashares Nasdaq 100 ETF (ASX:NDQ) an opportunity in this market correction?

Could the Betashares Nasdaq 100 ETF (ASX: NDQ) be a good opportunity during this correction for both the global share …

Read more »

A woman shouts through a megaphone.
Share Market News

2 ASX growth shares to buy in February with 40% upside

If you’re looking to make some additions to your portfolio in February, then the two ASX shares listed below could …

Read more »

Business woman watching stocks and trends while thinking
Share Market News

5 things to watch on the ASX 200 on Friday

On Thursday, the S&P/ASX 200 Index (ASX: XJO) fought hard and was able to record a small gain. The benchmark index rose …

Read more »