Hopes of a last-minute Santa rally this December seem to be fading fast, as the S&P/ASX 200 Index (ASX: XJO) records another loss so far this Tuesday. At the time of writing, the ASX 200 has tanked by a nasty 1.55%, putting the index at just over 7,025 points.
Rather than trying to figure all of that out, let's instead take a gander at the ASX 200 shares currently at the top of the share market's trading volume charts, according to investing.com.
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The 3 most traded ASX 200 shares by volume this Tuesday
Star Entertainment Group Ltd (ASX: SGR)
Once again, ASX 200 casino operator Star Entertainment makes an appearance on this list today, with a chunky 14.91 million shares traded thus far. And once again, it's bad news for shareholders. Fresh off of yesterday's horrid 17.8% drop, Star shares have fallen another 9.67% so far this Tuesday to a new 52-week low of $1.92 a share at the time of writing.
It seems that news of a new state government tax on casino earnings is continuing to weigh on this gaming share today, and explains the high volumes we are seeing.
Pilbara Minerals Ltd (ASX: PLS)
Now time for a regular on this list in ASX 200 lithium share Pilbara Minerals. This Tuesday has had a decent 19.44 million Pilbara shares swap hands as it currently stands.
With no fresh developments out from the company, this looks like a consequence of the share price falls we are seeing with Pilbara today. At present, Pilbara has lost a nasty 3.72% and is back down to $3.88 a share. The lithium leader has now lost around a third of its value since its record high of $5.66 last month.
Core Lithium Ltd (ASX: CXO)
Finally today we have another ASX 200 lithium share in Core Lithium. This session has had a massive 21.18 million Core Lithium shares bought and sold on the share market so far. Just like Pilbara, this looks like it is the result of a depressing share price move.
Unfortunately for Core Lithium investors, the market seems intent on singling out Core for punishment. This lithium share has lost a painful 5.83% so far this Tuesday, putting it down to $1.02 a share. Core shares are now down close to 50% from last month's record high of $1.88 per share.
