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

It's all about that lithium on today's volume charts…

| More on:
busy trader on the phone in front of board depicting asx share price risers and fallers

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

It's been a rather interesting Tuesday for the S&P/ASX 200 Index (ASX: XJO) so far this session. The ASX 200 had a strong start this morning but soon fell back into red territory just before midday.

However, investors seem to have gotten cold feet about their cold feet, and have now sent the index back up. At the time of writing, the index is comfortably in the green having recorded a gain of 0.41% at present to just under 7,490 points.

But time now to dive deeper into these gyrations. So let's check out the shares currently at the top of the ASX 200's share trading volume charts, according to investing.com.

The 3 most traded ASX 200 shares by volume this Tuesday

Liontown Resources Ltd (ASX: LTR)

Our first horse out the gate today is the ASX 200 lithium stock Liontown. This session has had a notable 15.05 million Liontown shares exchanged on the ASX at this point of the day. We haven't had any fresh news out of the company so far this week.

So this volume probably comes down to the movements of the Liontown share price itself. The lithium stock has had a very fresh day indeed. It's currently up a healthy 3.74% at $1.52 a share. This lift puts Liontown up more than 10% so far this week.

Core Lithium Ltd (ASX: CXO)

Core lithium is next up this Tuesday. A fellow ASX 200 lithium share to Liontown, Core Lithium has watched as a decent 16.76 million of its shares have flown around the ASX boards so far today. There's been no new news out of this company either.

So we can probably lay the blame for the high volumes we see at Core's volatile trading today. Core Lithium shares are also in the green, albeit not quite as enthusiastically as Liontown's. The ASX 200 lithium share has gained 0.9% at present to $1.12 a share.

But the company has traded as high as $1.16 and as low as $1.12 today in what has been a bouncy day of trading.

Pilbara Minerals Ltd (ASX: PLS)

Last but certainly not least in terms of trading volumes, we have yet another ASX 200 lithium stock in Pilbara Minerals. This Tuesday has seen a chunky 20.5 million Pilbara shares whiz across the share market as it currently stands.

Once again, investors have been treated to no news whatsoever out of Pilbara this week. So this volume could be a consequence of some love from ASX brokers. As we covered this morning, Morgans has just come out with a bullish rating on Pilbara, predicting even more upside for investors.

Perhaps this is why Pilbara shares have shot up 4.45% today so far to $5.04 each. It's probably a combination of these factors that is driving the massive volumes we are seeing.

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 looking at his laptop and thinking.
Share Market News

Why is the ASX 200 pumping the brakes before the weekend?

Australian investors don't have the appetite today, here's why.

Read more »

Miner and company person analysing results of a mining company.
Resources Shares

Buy one, sell the other: Goldman's verdict on these 2 ASX 200 mining shares

The broker sees significant valuation differences between these 2 major ASX 200 mining shares.

Read more »

Broker written in white with a man drawing a yellow underline.
Broker Notes

Brokers name 3 ASX shares to buy now

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

Read more »

a man weraing a suit sits nervously at his laptop computer biting into his clenched hand with nerves, and perhaps fear.
Share Fallers

Why BHP, Lynas, Metals X, and Super Retail shares are dropping today

These shares are ending the week in the red.

Read more »

Man drawing an upward line on a bar graph symbolising a rising share price.
Share Gainers

Why Latin Resources, Newmont, Nick Scali, and ResMed shares are surging today

These ASX shares are ending the week strongly. But why?

Read more »

supermarket asx shares represented by shopping trolley in supermarket aisle
Mergers & Acquisitions

Metcash shares down despite corporate watchdog approval

Metcash is about to diversify and become a bigger business.

Read more »

happy investor, celebrating investor, good news, share price rise, up, increase
Capital Raising

Nick Scali share price jumps 14% to record high after raising $46m

Investors have responded very positively to the company's UK expansion plan.

Read more »

Three miners stand together at a mine site studying documents with equipment in the background
Materials Shares

BHP shares sink on $60b Anglo American takeover news

The Big Australian could be on the verge of a major acquisition.

Read more »