Here are the 3 most heavily traded ASX 200 shares on Wednesday

A group of three little girls play together in a sand pit with buckets and spades, each intently concentrating on their own digging projects.A group of three little girls play together in a sand pit with buckets and spades, each intently concentrating on their own digging projects.

Hooray! The S&P/ASX 200 Index (ASX: XJO) has shaken off the insecurity it showed earlier in the week and is now healthily rising. At the time of writing, the ASX 200 has put on a pleasing 1.54% and is now up around 6,752 points. 

But let’s dive deeper into these market moves and check out the ASX 200 shares currently topping the share market’s trading volume charts, according to investing.com.

The 3 most traded ASX 200 shares by volume this Wednesday

South32 Ltd (ASX: S32)

Our first cab off the rank today is ASX 200 mining company South32. So far this Wednesday, a hefty 15.62 million of this diversified miner’s shares have been bought and sold.

We haven’t heard anything out of the company itself. So we can probably thank the robust rise this miner has enjoyed over today’s session for this high volume. The South32 share price is presently up 3.53% at $3.52.

Pilbara Minerals Ltd (ASX: PLS)

ASX 200 lithium stock Pilbara is next up today. So far this Wednesday, a sizeable 21.94 million Pilbara shares have swapped owners. Like with South32, this seems to be a direct result of share price movement.

And like South32, it will no doubt be impressing shareholders. Pilbara Minerals is currently up an eye-catching 4.24% at $2.46 a share.

Lake Resources N.L. (ASX: LKE)

Last but certainly not least in terms of trading volumes, we have another ASX 200 lithium stock in Lake Resources. A whopping 37.65 million Lake shares have traded hands as it stands this Wednesday. Unfortunately, Lake Resources shares are going the other way to most ASX shares today.

This lithium stock is down today, falling by a meaty 1.83% so far to 70 cents a share – likely the source of this elevated trading volume. There have been no announcements from Lake, although my Fool colleague Brooke covered some news in the lithium space earlier today that could be playing a role here.

The post Here are the 3 most heavily traded ASX 200 shares 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 Scott Phillips.

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