The S&P/ASX 200 Index (ASX: XJO) is enjoying yet another day in the green so far this Wednesday. At the time of writing, the ASX 200 is up by a robust 0.6% at just over 7,500 points. We’re now not far from the ASX 200’s all-time high, an unthinkable position just a few weeks ago.
But let’s dive deeper into today’s gains and have a look at the shares at the top of the ASX 200’s trading volume charts, according to investing.com.
The 3 most traded ASX 200 shares by volume this Wednesday
Pilbara Minerals Ltd (ASX: PLS)
ASX 200 lithium share Pilbara Minerals is the first company worth checking out today. This lithium producer has had a notable 15.01 million shares change hands as it currently stands. This isn’t related to any news or official developments out of the company (of which there aren’t any today).
However, the Pilbara share price has made a sizeable move today thus far. Pilbara shares are currently down by a nasty 1.85% at $3.19 each. Since the company initially spiked to $3.31 a share at market open this morning, we can probably blame share price volatility for this high trading volume we are seeing.
AVZ Minerals Ltd (ASX: AVZ)
Another ASX 200 lithium hopeful is up next in AVZ Minerals. This company has, so far today, seen a hefty 18.87 million of its shares bought and sold on the markets. Again, there are no company-specific news or announcements that might easily explain this move.
Thus, it is likely that a share price movement is also the culprit for this elevated trading volume here. After an incredible run of gains over the past week (putting AVZ shares more than 20% higher), and several new all-time highs, the AVZ share price is taking a cool off today. The company is currently down by 1.21% at $1.22 a share.
Whitehaven Coal Ltd (ASX: WHC)
Another resources share rounds out our list today, but this time it’s coal miner Whitehaven. A staggering 19.46 million Whitehaven shares have found a new home at the time of writing.
This looks like the result of the sizeable selloff we’ve seen with Whitehaven so far today. The company is currently down by 3.3% at $4.11 a share. It’s this decisive move downwards that investors can likely pin the blame for the high volume.
The post These 3 ASX 200 shares are topping the volume charts on Wednesday appeared first on The Motley Fool Australia.
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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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