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

The S&P/ASX 200 Index (ASX: XJO) is finally back in the green this Wednesday after a rough couple of trading days. At the time of writing, the ASX 200 has gained a healthy 0.52% and is just under 7,000 points.

So let’s now delve deeper into these gains by checking out the shares currently topping the ASX 200’s share trading volume charts, according to investing.com.

The 3 most traded ASX 200 shares by volume this Wednesday

Telstra Corporation Ltd (ASX: TLS)

First up today is ASX 200 blue chip telco Telstra. So far this Wednesday, a notable 13.9 million Telstra shares have been bought and sold on the share market. This is probably a consequence of the nasty 2.2% drop that the company has endured so far during today’s session.

However, that drop is not as bad as you might think, being a consequence of the telco trading ex-dividend for its upcoming final dividend payment of 8.5 cents per share.

EML Payments Ltd (ASX: EML)

Next up we have ASX 200 payments share EML. So far this Wednesday, a sizeable 22.71 million EML shares have found a new home. Sadly for investors, this looks to be a byproduct of the company’s nasty share price fall that we have seen.

As we dug into earlier this afternoon, investors are fleeing the company after EML revealed that it has identified fraudulent activity within its Sentenial business. With EML shares down by 11.56% to 88 cents each, it’s perhaps no wonder so many shares are trading hands.

Pilbara Minerals Ltd (ASX: PLS)

Last up today is ASX 200 lithium stock Pilbara Minerals. This Wednesday has seen a whopping 35.06 million Pilbara shares trade on the share market thus far. Fortunately for investors, this seems to be the result of a positive share price swing.

Pilbara shares have gained a pleasing 5.96% so far today to $3.46 a share. There’s been no news out of the company during the current session. But investors have been flocking to PiIblaa shares ever since the company dropped its FY2022 earnings report yesterday.

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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More reading

• Top brokers name 3 ASX shares to buy today
• Looking to buy Qantas shares? Here’s what to watch when the airline reports tomorrow
• Wagners share price plummets 26% as FY22 net profit declines
• Why are ASX 200 tech shares having such a cracker of a day?
• Could Pilbara’s inaugural profit signal good times ahead for ASX lithium shares?

Motley Fool contributor Sebastian Bowen has positions in Telstra Corporation Limited. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended EML Payments. The Motley Fool Australia has positions in and has recommended EML Payments and Telstra Corporation Limited. 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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