The S&P/ASX 200 Index (ASX: XJO) is once again flying this Tuesday, in what is turning out to be a very pleasing week thus far for investors. At the time of writing, the ASX 200 has put on another 0.65% today, taking the index back over 7,000 points for the first time this month.
So let's dive deeper into these pleasing market moves and check out the shares currently topping the ASX 200's share trading volume charts, according to investing.com.
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The 3 most traded ASX 200 shares by volume this Tuesday
Incitec Pivot Ltd (ASX: IPL)
ASX 200 chemical, fertiliser and explosives manufacturer Incitec Pivot is our first share to take a look at this Tuesday. So far today, a notable 20.52 million Incitec shares have pivoted to a new owner. There's been no news out of the company itself that could explain this volume.
However, the Incite Pivot share price has taken a heavy beating today. It's currently down 1.8% at $3.76 a share. That comes despite some recent love from ASX brokers too. It seems this dip is responsible for the high volumes we are witnessing.
Core Lithium Ltd (ASX: CXO)
Core Lithium is our next share worth a look at today. This ASX 200 lithium share has seen a chunky 22 million shares traded on the markets so far. Again, it looks like the share price movement is the culprit for these elevated volumes, seeing as there isn't any news out of Core Lithium either.
Continuing its recent run of gains, Core Lithium shares are up another pleasing 5.16% today at $1.67 a share. The company is up almost 20% over this month so far.
South32 Ltd (ASX: S32)
Our final and most traded share of the day is the ASX 200 diversified mining company South32. This Tuesday has seen a significant 32.26 South32 shares change hands as it currently stands. South32's healthy share price gains could explain this volume.
The company has put on a decent 1.53% so far today to $4.32 a share. South32 has also been doing regular on-market share buybacks lately, which could also be influencing this share's trading volume.
