3 ASX 200 shares moving on the market today

Which ASX 200 shares dominated the market today with rocketing trading volumes?

Young girl wearing a suit and tie with rocket wings looks to the sky representing the highest traded stocks today

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) finished the day up 0.59% to 7,308.6 points at the closing bell.

Let's look at the biggest movers and shakers among ASX 200 shares today, based on trading volumes.

The ASX 200 shares that saw the most trading today

Alumina Limited (ASX: AWC)

Alumina was the most heavily traded ASX 200 share on the boards today, with a very heavy 19.96 million shares finding their way around the market.

This aluminium/alumina producer saw a fair level of volatility during today's session.

Alumina shares opened strongly and were up more than 1.2% at one point. But by close of trade, the company had given up all of those gains to finish at $1.63 — the same closing price as yesterday.

Telstra Corporation Ltd (ASX: TLS)

Telstra was another top volume ASX 200 share today. A substantial 19.25 million shares traded hands but the price only moved 0.8% up to $3.79.

This ASX 200 share has had a heck of a week. Telstra shares rocketed 4.6% on Wednesday to hit a new 52-week high and remain up 5.42% over the past 5 trading days.

Telstra's Wednesday announcement that it will be selling off half of its mobile towers business seemed to be the underlying catalyst here.

A2 Milk Company Ltd (ASX: A2M)

The A2 Milk share price had a fantastic day, gaining a robust 5.16% to finish the session at $6.52. This is probably why 12.46 million shares were traded.

As my Fool colleague covered this morning, A2 has been the recipient of some broker love recently, which might have contributed to this large trading volume, too.

The A2 Milk share price is still down 43% year to date, but it's also up more than 27% since its most recent low on 19 May.

A non-ASX 200 honourable mention

Although 88 Energy Ltd (ASX: 88E) is not an ASX 200 share, it is still worth mentioning today. Why? Well, because a mind-boggling 597.7 million 88 Energy shares were traded today.

This probably contributed to the 88 Energy share price shooting up by close to 40%, which I invite you to read all about!

Motley Fool contributor Sebastian Bowen owns shares of Telstra Corporation Limited and A2 Milk. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of and has recommended Telstra Corporation Limited. The Motley Fool Australia has recommended A2 Milk. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

More on Share Market News

A young woman wearing a beanie as the snow falls around her smiles and opens a Christmas present in a box looking excited and smiling to represent the special dividend for Grange Resources shareholders announced today
Share Market News

Is a pre-Christmas RBA interest rate cut now off the table?

Can ASX investors expect the first RBA interest rate cut before Christmas?

Read more »

A happy couple drinking red wine in a vineyard as the Treasury Wine share price rises today
Broker Notes

Goldman Sachs reveals 3 ASX 200 shares to buy today

The top broker has buy ratings on a major miner, an investment company, and a wine stock.

Read more »

A woman stares at the candle on her cake, her birthday has fizzled.
Share Market News

Why is the ASX 200 retreating from its record high today?

Investors are ending the week on a sour note today...

Read more »

A young male investor wearing a white business shirt screams in frustration with his hands grasping his hair after ASX 200 shares fell rapidly today and appear to be heading into a stock market crash
Share Fallers

Why APA, Flight Centre, Harvey Norman, and Lynas shares are dropping today

These shares are ending the week in the red. But why?

Read more »

Five young people sit in a row having fun and interacting with their mobile phones.
Share Gainers

Why Beach Energy, BSA, Clarity, and Perpetual shares are pushing higher today

These shares are ending the week on a positive note. But why?

Read more »

A man in his office leans back in his chair with his hands behind his head looking out his window at the city, sitting back and relaxed, confident in his ASX share investments for the long term.
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 »

Paper aeroplane going down on a chart, symbolising a falling share price.
Travel Shares

Why did the Flight Centre share price just crash 17%?

Flight Centre shares are getting hammered on Friday. But why?

Read more »

A man holding a cup of coffee puts his thumb up and smiles while at laptop.
Broker Notes

Buy alert! Broker says this ASX 200 share can rise 30%+

Big returns could be on offer from this blue chip according to Bell Potter.

Read more »