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

It's all about lithium on our most traded shares list today.

| More on:
An office worker and his desk covered in yellow post-it notes

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) seems to be having a bouncy, yet overall positive day of trading so far this Tuesday. After yesterday's decidedly negative start to the trading week, the ASX 200 is back in the green at this point of the trading day, with the ASX 200 currently boasting a gain of 0.06%. That puts the index at just under 7,270 points. 

Let's hope it lasts. But time now to dig a little deeper into these pleasing market moves by taking stock of the shares currently at the top of the ASX 200's share trading volume charts right now, according to investing.com. See if you can spot a theme today.

The 3 most traded ASX 200 shares by volume this Tuesday

Core Lithium Ltd (ASX: CXO)

First up this Tuesday is ASX 200 lithium stock Core Lithium. A notable 11.45 million Core Lithium shares have made their way across the ASX boards at the time of writing. There hasn't been any fresh news out of Core Lithium itself this session.

But even so, Core Lithium, like most other ASX lithium shares, is not enjoying the spoils of the market's good mood today. In contrast to the ASX 200's decent performance, Core Lithium shares have shed a sad 1.2% today, dragging the company down to $1.07 a share. Perhaps investors have taken note of the recent bearish broker ratings that my Fool colleague Bronwyn covered this afternoon.

It's this chunky slide in value that is probably behind this high trading volume on display here.

Pilbara Minerals Ltd (ASX: PLS)

Next up is another ASX 200 lithium stock in Pilbara Minerals. A hefty 18.45 million Pilbara shares have swapped hands as it currently stands on the markets thus far. We haven't heard much out of Pilbara either.

So this elevated volume might be again the result of the negative share price movements we are witnessing with Pilbara stock this session. In this case, the company has shed 0.62% so far, putting Pilbara at $4.78 a share at present. Perhaps investors can blame those broker comments again.

Sayona Mining Ltd (ASX: SYA)

Finally this Tuesday, we have yet another ASX 200 lithium share in Sayona Mining. Pilbara and Core Lithium's peer has seen a significant 25.7 million of its shares change owners on the markets thus far.

And once again, it looks as though a share price sell-off is to thank for this chunky figure. In Sayona's case, this stock has shed a nasty 4.26% of its value today, leaving the company at 22.5 cents per share. With a fall of that size, it's no surprise to see so many Sayona shares take to the skies today.

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

Fancy font saying top ten surrounded by gold leaf set against a dark background of glittering stars.
Share Gainers

Here are the top 10 ASX 200 shares today

Let's also take a look at what the various ASX sectors were doing this Wednesday.

Read more »

Two male ASX 200 analysts stand in an office looking at various computer screens showing share prices
Broker Notes

Top brokers name 3 ASX shares to buy today

Here's what brokers are recommending as buys this week.

Read more »

A young women pumps her fists in excitement after seeing some good news on her laptop.
Share Gainers

Why Argosy Minerals, Immutep, Pointsbet, and Regis Resources shares are racing higher

These shares are having a strong session on Wednesday. But why?

Read more »

A young man clasps his hand to his head with his eyes closed and a pained expression on his face as he clasps a laptop computer in front of him, seemingly learning of bad news or a poor investment.
Share Fallers

Why Chalice Mining, Cleanaway, Kogan, and Perpetual shares are sinking today

These ASX shares are having a tough time on Wednesday. But why?

Read more »

Man looking at his grocery receipt, symbolising inflation.
Share Market News

Why the ASX 200 just crumbled on today's inflation print

ASX 200 investors are hitting the sell button following the latest Australian inflation news.

Read more »

man grimaces next to falling stock graph
Share Fallers

Why did this ASX 100 stock just crash 11%?

Cleanaway shares have been on a crazy roller-coaster over the past 24 hours.

Read more »

a man in a british union jack T shirt hurdles high into the air with london bridge visible in the background.
Mergers & Acquisitions

Nick Scali shares halted amid $60m capital raising and UK expansion news

This furniture retailer has its eyes on the UK furniture market.

Read more »

An arrogant banker pleased with himself and his success winks at his mobile phone while taking a selfie
Share Market News

Are ASX 200 bank shares like CBA 'too expensive' right now?

Are banks overpriced or good value today?

Read more »