The S&P/ASX 200 Index (ASX: XJO) is enjoying another decent day of green today. At the time of writing, the ASX 200 is up by a solid 0.5% at just under 7,380 points.
But let’s dig deeper into these gains and take a look at the ASX 200 shares that are currently at the top of the market’s share trading volume charts, according to investing.com.
The 3 most traded ASX 200 shares by volume on Wednesday
Nickel Mines Ltd (ASX: NIC)
Nickel miner Nickel Mines is our first cab off the rank today. The ASX 200 miner has had a hefty 15.76 million of its shares trade owners thus far this Wednesday. With no developments out of the company itself, it’s probable that this elevated volume comes down to the movements of the Nickel Mines share price itself. The company is currently up a pleasing 3.88% at $1.34 a share. Nickel Mines has now put on an impressive 8.7% over the past 5 trading days alone, although it remains down more than 8% in 2022 so far.
Pilbara Minerals Ltd (ASX: PLS)
ASX 200 lithium producer Pilbara is next up this Wednesday. We have seen a notable 16.43 million Pilbara shares change hands as it currently stands. Again, this appears to be a consequence of some big share price movements coming out of the market today. The Pilbara share price is presently up a healthy 4.17% at $3.13, placing its 5-day gains at a whopping 14.9%. It’s likely that this move is the smoking gun in the high levels of trading volume that the company is currently experiencing.
AVZ Minerals Ltd (ASX :AVZ)
Lithium share AVZ is the final company worth checking out today. This new ASX 200 entrant has had a sizeable 30.37 million shares bought and sold at the current time. There have been no major developments out of the company today that we can point to. However, AVZ shares have had another strong day of gains this Wednesday. The miner is currently up a healthy 2.74% at $1.03 a share after hitting a new all-time high of $1.04 earlier in today’s session. It’s this combination that has probably resulted in such a high volume of shares trading.
The post Here are the 3 most heavily traded ASX 200 shares this Wednesday appeared first on The Motley Fool Australia.
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More reading
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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.
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