It's been another fabulous day for ASX investors this Melbourne Cup day. At the time of writing, the S&P/ASX 200 Index (ASX: XJO) has gained a healthy 1.07% and is now going for just over 6,930 points. Clearly, the markets have been happy with what just came out of the Reserve Bank of Australia.
So let's now take a deeper dive into the market's moves today and check out the shares that are currently topping the ASX 200's share trading volume charts, according to investing.com.
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The 3 most traded ASX 200 shares by volume this Tuesday
Whitehaven Coal Ltd (ASX: WHC)
First up today is the ASX 200 coal miner Whitehaven Coal. This Tuesday has had a sizeable 10.97 million Whitehaven shares dug up and sold thus far. We haven't had any fresh news or announcements from the company today.
However, we have seen some wild swings in the Whitehaven share price which could explain this volume. Whitehaven shares are presently up by 0.61% at $9.08 a share. But this morning we had a dramatic spike in price all the way up to $9.26. It didn't last too long though, with the share price quickly returning to a lower level.
Core Lithium Ltd (ASX: CXO)
Our next ASX 200 share is the lithium producer Core Lithium. We've seen a decent 18.5 million Core Lithium shares bought and sold on the share market so far. Like its lithium peer Pilbara, Core Lithium shares have surged in value today.
This one is up 3.75% at $1.44 a share after rising as high as $1.46 around lunchtime. Again, it looks like it's this big share price gain that is the smoking gun for Core Lithium's high volumes here.
Pilbara Minerals Ltd (ASX: PLS)
And it's another ASX 200 lithium stock that takes the cup today in terms of share trading volumes. This Tuesday has had a notable 18.78 million Pilbara shares change hands as it currently stands. There's been no price-sensitive news out from Pilbara today. However, we have seen a pretty hefty share price rise from the lithium star.
The Pilbara share price has presently gained a healthy 3.24% to $5.26 a share. It looks like it is this gain that has elicited the elevated volumes we are seeing.
