The day of love has seen the S&P/ASX 200 Index (ASX: XJO) experience something of a turnaround from yesterday's poor start to the trading week. So far this Valentine's Day, the ASX 200 has gained a reasonable 0.22% putting the index at around 7,435 points.
Yay for love. But let's now delve a little deeper into what the markets are doing today by checking out the ASX 200 shares that are currently at the top of the share market's trading volume charts, according to investing.com.
The 3 most traded ASX 200 shares by volume this Tuesday
Pilbara Minerals Ltd (ASX: PLS)
Our first ASX 200 share worth taking a look at this Tuesday is the lithium miner Pilbara Minerals. So far this session, a decent 11.52 million Pilbara shares have been bought and sold on the markets. We haven't seen any fresh news or announcements out of Pibara today, or indeed so far this month.
So this volume is probably a result of the share price movements the company has enjoyed. At present, Pilbara is up, but only just, having recorded a gain of 0.41% to $4.87 a share.
Earlier today, investors sent this company up to $5 a share, but seem to have readjusted their expectations as the day has gone on. It's probably this sliding around that has resulted in so many shares trading.
Sayona Mining Ltd (ASX: SYA)
Another ASX 200 lithium stock is next up this session in Sayona Mining. So far this Tuesday, a chunky 21.3 million Sayona shares have been sent to a new owner. Again, all has been quiet on the official Sayona news front so far this week. So again, let's look at the company's share price to explain this volume.
Unlike Pilbara, Sayona shares have had a shocker. The lithium share is presently down by a nasty 3.3% to 24 cents per share. That comes despite the company having a strong start this morning, and rising around 3% soon after open. This volatility is almost certainly why we are seeing so many Sayona shares shuttled around.
Star Entertainment Group Ltd (ASX: SGR)
Our final and most traded ASX 200 share today is the casino operator and gaming company Star Entertainment. A whopping 31.3 million Star shares have gambolled across the ASX boards at this point of the trading day.
Unfortunately for investors, this looks like a direct result of the continuing fallout over Star's disappointing earnings update from yesterday. The company cratered a nasty 20.74% yesterday to a new record low but has lost another 12% today to plumb to even lower depths at $1.30 a share at present. No wonder so many shares are flying around.
