What a wild Tuesday it is shaping up to be for the S&P/ASX 200 Index (ASX: XJO) today. The ASX 200 initially soared after market open this morning to a high of just under 6,650 points, but has since descended back to earth. The index is currently up just 0.13% at 6,610 points.
But let's dig deeper into these market moves and take a look at the ASX 200 shares that are currently at the top of the share market's trading volume charts, according to investing.com.
Image source: Getty Images
The 3 most traded ASX 200 shares by volume this Tuesday
South32 Ltd (ASX: S32)
ASX 200 diversified miner South32 is our first share to take a gander at this Tuesday. So far today, 9.55 million South32 shares have been bought and sold on the markets. There's been no major news or announcements out of the company itself that might easily explain this volume.
However, the South32 share price itself has made some big moves today. It's currently down by 0.7% at $3.60 but has been playing jump rope with the breakeven line for most of the day. It's probably this volatility that has resulted in South32 making this list today.
Pilbara Minerals Ltd (ASX: PLS)
Pilbara Minerals is next up today. So far, this ASX 200 lithium stock has seen a notable 14.73 million of its shares change owners.
In this case, it looks as though Pilbara's nasty share price tumble that has occurred is responsible for this volume. Pilbara shares have copped a beating today, with the lithium company defying the market with a hefty slump of 2.4% to $2.24 a share.
Core Lithium Ltd (ASX: CXO)
Another ASX 200 lithium stock is our final and most traded share to check out today. In Core Lithium's case, a sizeable 17.36 million shares have been traded on the markets thus far. Again, it looks as though we have a share price fall to blame for this elevated trading volume.
Unfortunately for Core Lithium investors, this company has really copped a bad hand this Tuesday, with the Core Lithium share price down a painful 5.98% to 86 cents. Ouch.
