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

It's again all about lithium for today's most traded ASX 200 shares…

| More on:
A man working in the stock exchange.

Image source: Getty Images

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

The S&P/ASX 200 Index (ASX: XJO) is having a positive, if tenuous, day of green so far this Tuesday.

The ASX 200 initially opened strongly this morning. But over the day, the index has slipped lower. Even so, the ASX 200 remains up a decent 0.22% at the time of writing, putting the index at just under 7,800 points.

So time to dig a little deeper into today's trading session. Let's now have a look at the ASX 200 shares currently topping the market's share trading volume charts, according to investing.com.

The 3 most traded ASX 200 shares by volume this Tuesday

Core Lithium Ltd (ASX: CXO)

Our first ASX 200 share to check out this Tuesday is the lithium share Core Lithium. So far today, a sizeable 27.55 million shares have been swapped on the markets.

This has no doubt been assisted by the company's pleasing 4% jump that we've witnessed. As my Fool colleague Zach dug into earlier, this could be a consequence of Core's recent deal with the electric car manufacturer Tesla Inc (NASDAQ: TSLA).

Pilbara Minerals Ltd (ASX: PLS)

Another ASX 200 lithium share is next up. Pilbara Minerals has seen a notable 30.33 million of its shares bought and sold on the share market thus far.

It's been a big day for Pilbara. The company put out its quarterly update this morning, which investors were initially delighted with.

Soon after market open, Pilbara shares hit a new record high of $5.66 a share. But sentiment has dramatically cooled since, and the Pilbara share price is presently down by 0.74% at $5.34. With all of this bouncing around, it's perhaps no wonder so many shares have been trading.

Sayona Mining Ltd (ASX: SYA)

Another ASX 200 lithium company is our third and final share experiencing high trading volumes this Tuesday. At this point of the session, a whopping 95.13 million Sayona shares have found a new home as it currently stands.

Alongside its lithium contemporaries, Sayona has enjoyed a very strong session today. Unlike Pilbara though, investors' feet remain warm. The company is currently up a healthy 9.36% at 26 cents a share.

We haven't had any news out of Sayona today. But it has released some well-received updates over the past month or so, which we dove into earlier. This could be a factor at play here.

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 Scott Phillips.

More on Share Market News

A man cheers after winning computer game while woman sitting next to him looks upset.
Share Gainers

Here are the top 10 ASX 200 shares today

It was a happy end to the trading week today.

Read more »

Three business people stand on platforms in the desert and look out through telescopes.
Best Shares

1 ASX dividend share set to excel long term, even while down 13%

Good quality shares don't often sell off at this margin.

Read more »

Two people comparing and analysing material.
Broker Notes

Buy, hold, sell: Netwealth, Santos, and South32 shares

Morgans has given its verdict on these shares following updates.

Read more »

Emotional euphoric young woman giving high five to male partner, celebrating family achievement, getting bank loan approval, or financial or investing success.
Share Gainers

Why Life360, Northern Star, Objective Corp, and Rox shares are charging higher today

These shares are having a strong finish to the week. But why?

Read more »

A woman sits on sofa pondering a question.
Share Market News

Insignia Financial responds to ASX on disclosure and governance

Insignia Financial updates shareholders on ASX compliance and new governance controls around performance rights disclosure.

Read more »

A male investor wearing a blue shirt looks off to the side with a miffed look on his face as the share price declines.
Share Fallers

Why Capstone Copper, Dateline, DroneShield, and Lindian shares are falling today

These shares are ending the week in the red. But why?

Read more »

Business man at desk looking out window with his arms behind his head at a view of the city and stock trends overlay.
Broker Notes

Brokers name 3 ASX shares to buy today

Here's why brokers are feeling bullish about these three shares this week.

Read more »

2 people using their iPhones
Share Market News

Life360 posts record Q4 as revenue and EBITDA top guidance

Life360 reported record Q4 user and subscriber growth, with full-year revenue and EBITDA set to exceed guidance.

Read more »