The S&P/ASX 200 Index (ASX: XJO) is enjoying a solid day of gains here on the ASX boards this Wednesday. At the time of writing, the ASX 200 is up a robust 0.89% at 7,271 points.
But let’s dig a little deeper into those gains and check out the shares that are currently topping the ASX 200’s trading volume charts, according to investing.com.
The 3 most traded ASX 200 shares by volume so far this Wednesday
Vicinity Centres (ASX: VCX)
ASX 200 real estate investment trust (REIT) Vicinity Centres is our first share to check out today. So far, a hefty 20.13 million vicinity shares have been bought and sold on the markets this Wednesday. This appears to be a direct consequence of this company’s half-year earnings that we got a look at this morning.
As my Fool colleague Zach analysed earlier, Vicinity saw a $1.04 billion surge in net profits after last year’s loss. Those results have led the Vicinity unit price to surge more than 10% today so far. Those two factors are the likely culprits behind today’s volume.
AMP Ltd (ASX: AMP)
ASX 200 financial services company AMP is next up today. As it currently stands, a sizeable 22.61 million AMP shares have swapped hands. There has been no major news or announcements out of AMP today. However, the AMP share price has taken a bit of a battering. It’s presently down by a nasty 2.01% at 96.5 cents a share. This movement has probably sparked this high volume we are now seeing.
Liontown Resources Limited (ASX: LTR)
Liontown is our final and most traded ASX 200 share of the day thus far. This Wednesday has seen a whopping 46.41 million Liontown shares find new homes. This probably has something to do with the supply deal that Liontown announced with the giant US electric vehicle and battery manufacturer Tesla Inc (NASDAQ: TSLA) this morning. As a result, the Liontown share price has rocketed more than 17% so far. This is almost certainly behind this explosive trading volume we see.
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 AMP right now?
Before you consider AMP, 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 AMP wasn’t one of them.
The online investing service he’s run for over 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 January 13th 2022
More reading
- Why CSL, Liontown, Nearmap, and Treasury Wine shares are storming higher
- Is now the time to buy the dip in ASX 200 shares?
- 2 ASX 200 shares smashing 52-week highs today
- ASX 200 (ASX:XJO) midday update: CSL upgrades guidance, Treasury Wine jumps
- Liontown (ASX:LTR) share price rockets 16% today on Tesla lithium deal
Motley Fool contributor Sebastian Bowen owns Tesla. 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/oaAqsS6
Leave a Reply