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

Three children wearing athletic short and singlets stand side by side on a running track wearing medals around their necks and standing with their hands on their hips.

Three children wearing athletic short and singlets stand side by side on a running track wearing medals around their necks and standing with their hands on their hips.

The S&P/ASX 200 Index (ASX: XJO) is going through another bumpy day of trading so far on Wednesday. At the time of writing, the ASX 200 has lifted by 0.28% and is closing in on 6,830 points, despite a big plunge into the red just before midday today.

But let’s delve deeper into these market moves and take a look at the shares currently at the top of the ASX 200’s share trading volume charts, according to investing.com.

The 3 most traded ASX 200 shares by volume this Wednesday

South32 Ltd (ASX: S32)

As has become common in recent weeks, our first share today is none other than mining company South32. This diversified ASX 200 resources share has had a hefty 11.28 million of its shares trade hands as it currently stands.

There hasn’t been any news out of South32 so far today. However, the company has been in the spotlight this week after the release of a well-received quarterly update on Monday. Today, South32 shares have outperformed the market with a gain of 0.68% to $3.70 a share.

Newcrest Mining Ltd (AX: NCM)

Next up this Wednesday, we have ASX 200 gold miner Newcrest. Today has seen a sizeable 23.26 million Newcrest shares bought and sold on the markets thus far. We haven’t had any news out of Newcrest today either.

So it looks like the nasty share price fall we have seen with this gold share is responsible here. Newcrest shares have had a shocker. The company is currently down 0.88% at $18.515 a share after touching a new 52-week low of $18.42 this afternoon.

Zip Co Ltd (ASX: ZIP)

Finally today is ASX 200 buy now, pay later (BNPL) share Zip. This Wednesday has seen a whopping 51.41 million Zip shares trade on the share market. This is almost certainly a byproduct of the massive share price boost we have seen Zip enjoy today.

The company’s share price has rocketed by 19% at the time of writing and is trading at $1.22. Earlier today, Zip shares hit an intraday high of $1.28 a share, a 25% jump on yesterday’s closing price. This is despite a complete absence of any news out of the company today.

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 positions in Newcrest Mining Limited. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended ZIPCOLTD FPO. 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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