The S&P/ASX 200 Index (ASX: XJO) is having a pretty poor Wednesday so far. After an initial bump into positive territory this morning, the ASX 200 has since regressed. It’s currently sitting at 7,207 points, down 0.57% for the day.
So let’s escape from that mire and instead check out the ASX 200 shares that are being most heavily traded so far today, according to investing.com.
The 3 most heavily traded ASX 200 shares this Wednesday
Whitehaven Coal Ltd (ASX: WHC)
ASX 200 coal miner Whitehaven Coal is our first ASX share to check out today. Whitehaven has so far seen an impressive 14.13 million of its shares bought and sold on the markets this Wednesday. There is not much in the way of news out of the company today.
However, we have seen a large share price move that can probably explain this elevated trading volume. The Whitehaven share price is currently up a healthy 4.2% so far this Wednesday to $3.60 a share. That’s just a whisker away from Whitehaven’s 52-week high of $3.64.
Beach Energy Ltd (ASX: BPT)
We have oil driller Beach up next. Beach Energy has also seen elevated volume numbers today, with a hefty 20.37 million Beach shares swapping owners so far. Again, there are no major news or developments with this company today.
However, Beach has also seen a large swing in its share price that is likely behind the large volumes of shares trading. Beach shares are down a nasty 1.6% so far and are currently trading at $1.41 a share.
Pilbara Minerals Ltd (ASX: PLS)
Our final ASX 200 share to examine this Wednesday is the lithium producer Pilbara Minerals. Pilbara made a big announcement this morning when the company outlined an increase in its expected ore reserves.
This has excited investors mightly, with the Pilbara share price currently up a robust 0.53% to $1.885. It traded even higher earlier today, hitting an intra-day high of $1.98 a share. This is the probable cause of the 22.83 million Pilbara shares changing hands so far today.
The post Here are the 3 most heavily traded ASX 200 shares this Wednesday appeared first on The Motley Fool Australia.
Should you invest $1,000 in PIlbara Minerals right now?
Before you consider PIlbara Minerals, you’ll want to hear this.
Motley Fool Investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and PIlbara Minerals wasn’t one of them.
The online investing service he’s run for nearly a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.* And right now, Scott thinks there are 5 stocks that are better buys.
*Returns as of August 16th 2021
More reading
- Technology shares lead the battle to lift the ASX 200 on Wednesday
- ASX 200 (ASX:XJO) midday update: A2 Milk class action, tech shares rebound
- The Pilbara Minerals (ASX:PLS) share price surges on resource upgrade
- Why this broker just upgraded the Baby Bunting (ASX:BBN) share price to buy
- ASX futures point to rebound today after US stock market lifts
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 Bruce Jackson.
from The Motley Fool Australia https://ift.tt/3Fl4MB5
Leave a Reply