Here are the 3 most traded ASX 200 shares on Tuesday

Some wild moves with ASX 200 lithium stocks are driving volumes today…

It's again looking like a disappointing day for the S&P/ASX 200 Index (ASX: XJO) this Tuesday.

After going backwards yesterday, the ASX 200 looks to be on track to record another loss for this session. At the time of writing, the index has lost 0.12% of its value, dropping down to 7,138 points.

But let's not dwell on all that. Instead, it's time to check out the shares currently topping the ASX 200's share trading volume charts, according to investing.com.

A woman uses her mobile phone to make a purchase.

Image source: Getty Images

The 3 most traded ASX 200 shares by volume this Tuesday

Telstra Group Ltd (ASX: TLS)

First up today is the ASX 200 telco Telstra. So far this Tuesday, a sizeable 26 million Telstra shares have been dialled in to a new owner. We haven't heard any fresh news out of the company today. So perhaps we can put this high volume down to the volatility we have seen with Telstra shares this Tuesday.

The telco is presently bucking the market with a gain of 0.52% to $3.88 a share. But Telstra has had several stints in both positive and negative territory this session, fluctuating between $3.84 and $3.89 all day. It's probably this volatility that has caused the high trading volumes we see.

Pilbara Minerals Ltd (ASX: PLS)

From TLS to PLS! ASX 200 lithium share Pilbara Minerals is next up for this session. This Tuesday has seen a hefty 52 million Pilbara shares find a new ASX home. We haven't heard anything out of Pilbara itself either.

But, as my Fool colleague Bernd went through this afternoon, ASX lithium shares of all shapes and sizes are getting a drubbing today. In Pilbara's case, the company is down by a nasty 9.83% to $4.77. This follows the company's 11% gain yesterday. With all of this bouncing around, it's no wonder so many shares are taking flight.

Core Lithium Ltd (ASX: CXO)

Our final ASX 200 share today is another ASX lithium stock in Core Lithium. This Tuesday's session has had a whopping 78.2 million Core Lithium shares change hands as it currently stands. We seem to have a similar situation to Pilbara Minerals with this company.

Despite no news out from Core itself, the Core Lithium share price has been walloped by investors today. The company is down a depressing 14.4% to $1.60 a share. With a loss of that magnitude, there was always going to be a high number of shares being traded.

Motley Fool contributor Sebastian Bowen has positions in Telstra Corporation Limited. 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 positions in and has recommended Telstra Corporation Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

More on ASX Share Market News

Person holding Australian dollar notes, symbolising dividends.
Dividend Investing

75% of my dividends come from these 4 ASX shares (and I want to buy more)

I rate these stocks as top options for dividend income.

Read more »

Young successful engineer, with blueprints, notepad, and digital tablet, observing the project implementation on construction site and in mine.
Broker Notes

Why the Paladin Energy share price "doesn't make sense"

This uranium stock could be set for a major re-rating.

Read more »

Girl with painted hands.
Share Gainers

Here are the top 10 ASX 200 shares today

It was a remarkably positive end to the trading week.

Read more »

Two miners standing together.
Broker Notes

3 ASX 200 mining shares to buy with 41% to 79% upside ahead: broker

The green energy transition and other factors are providing strong growth drivers for mining.

Read more »

Happy miner with his arms folded.
Broker Notes

Buy, hold, sell: Paladin Energy, Fortescue, Rio Tinto shares

Let's take a look at some new ratings from Morgans.

Read more »

a man in a business suite throws his arms open wide above his head and raises his face with his mouth open in celebration in front of a background of an illuminated board tracking stock market movements.
Broker Notes

9 ASX 200 shares experts are backing for growth amid market weakness

Brokers retained a positive view on BHP, CSL, Telstra, Xero, and other shares this week. 

Read more »

One large yellow sphere on one side of a white seesaw, with a small yellow sphere on the other side.
Opinions

I investigated 3 ASX shares that have fallen sharply. Are they bargains or value traps?

I've given my verdict on three depressed high-profile stocks.

Read more »

Medical workers examine an x-ray or scan in a hospital laboratory.
Broker Notes

This ASX biotech could rise 40% or 750%, depending on who you ask

A poor quarter has reduced expectations, but there's still plenty of upside.

Read more »