These 3 ASX 200 shares are topping the volume charts on Wednesday

An office worker and his desk covered in yellow post-it notes

The S&P/ASX 200 Index (ASX: XJO) is having a disappointing day on the share market today. At the time of writing, the ASX 200 is down by 0.28% at 7,414 points.

But rather than dwelling on that uninspiring number, let’s instead check out the ASX 200 shares that are currently topping the ASX trading volume charts, according to

3 most active ASX 200 shares by volume this Wednesday

South32 Ltd (ASX: S32)

ASX 200 diversified miner South32 is our first share experiencing elevated trading volumes thus far today. South32 has seen a sizeable 11.3 million of its own shares bought and sold so far this Wednesday.

With no news or announcements out of the company today, we can probably assume this high volume is the result of the gyrations of the South32 share price itself. As it stands currently, South32 is down a nasty 2.12% at $3.46 a share.

Sydney Airport (ASX: SYD)

Sydney Airport is our next ASX 200 share up today. A hefty 13.68 million shares of this infrastructure company have found new owners so far this Wednesday. That’s despite the Sydney Airport share price knocking up a rather tame 0.18% gain so far, with no other news or announcements out.

But shares of this Airport have been flying around the markets ever since it announced it had accepted a takeover bid at $8.75 a share earlier this week. This is probably still flowing through to investor buying pressure today.

Telstra Corporation Ltd (AS:X TLS)

ASX 200 telco Telstra is our final and most traded share thus far this Wednesday. We have seen an impressive 17.14 million Telstra shares change hands so far today. This could be the result of the volatility the Telstra share price itself has experienced so far in today’s trading session.

Soon after open, this telco rose as high as $3.98 a share. But this afternoon’s trading has seen these gains erased, with Telstra now sitting at $3.91 a share, down 0.26% for the day. This volatility is likely what is behind this high trading volume today.

The post These 3 ASX 200 shares are topping the volume charts on Wednesday appeared first on The Motley Fool Australia.

Should you invest $1,000 in Telstra right now?

Before you consider Telstra, 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 Telstra 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

Motley Fool contributor Sebastian Bowen owns shares of Telstra Corporation Limited. 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 has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

from The Motley Fool Australia

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s