The S&P/ASX 200 Index (ASX: XJO) is continuing to sell off this Tuesday, helped in no small part by the Reserve Bank of Australia's unexpectedly large interest rate rise. At the time of writing, the ASX 200 has lost a painful 1.42% and is now back to around 7,100 points.
But rather than letting that get us down today, let's check out the shares that are currently topping the ASX 200's share volume charts, according to investing.com.
The 3 most traded ASX 200 shares by volume this Tuesday
Telstra Corporation Ltd (ASX: TLS)
ASX 200 telco Telstra is our first share worth taking a glance at today. So far this Tuesday, a notable 16.35 million Telstra shares have changed owners. There hasn't been any news out of Telstra today.
Thus, we can probably put this high volume down to the substantial drop Telstra shares have undergone. The telco is currently down by a chunky 1.16% at $3.845 a share. This latest drop puts Telstra at close to a 4% loss over June alone.
Tabcorp Holdings Limited (ASX: TAH)
ASX 200 gaming company Tabcorp is next up today. We have seen a whopping 17.12 million Tabcorp shares swap hands as it currently stands. We haven't got anything new from Tabcorp today. However, yesterday saw some big news regarding the gaming sector.
As we covered at the time, the Queensland Government announced some legislative reforms that could prove to be a big boost for Tabcorp's business. Yesterday saw a big share price move upward, but the market seems to have gone from giveth to taking away today and it is currently down 0.5% at 98.5 cents. This is probably why Tabcorp finds itself on this list today.
Pilbara Minerals Ltd (ASX: PLS)
Pilbara Minerals is our final and most traded share of the day this Tuesday. So far today, a sizeable 17.23 million of this ASX 200 lithium producer's shares have been bought and sold. Like Telstra, there hasn't been much out of Pilbara itself today. Saying that, we have another noteworthy share price move to discuss.
Fortunately for investors, Pilbara shares are enjoying a market-bucking kind of day, with the company gaining 1.03% at the time of writing to $2.455 a share. Pilbara has been bouncing around a fair bit today though, which is the likely source of this elevated trading volume.
