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

It’s been another positive day for the S&P/ASX 200 Index (ASX: XJO) so far this Wednesday. After yesterday’s strong gains, the ASX 200 has put on another 0.33% so far this session, which has lifted the index back above the 6,800 point mark.

But let’s dig a little deeper into these market moves and check out 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

Liontown Resources Limited (ASX: LTR)

ASX 200 lithium share Liontown is our first cab off the rank today. So far this Wednesday, a notable 13.77 million Liontown shares have been exchanged on the markets. We haven’t heard anything from the company itself.

So we can probably point to the share price performance of Liontown itself to explain this volume. We have seen some noteworthy gains with this company today. Currently, Liontown shares are up a healthy 2.24% at $1.82 a share. But just after lunchtime, Liontown rose as high as $1.80.

Pilbara Minerals Ltd (ASX: PLS)

Pilbara Minerals is next up. Another ASX 200 lithium share, Pilbara has seen a hefty 22.1 shares bought and sold so far on the markets today. Again, we haven’t gotten any news from the company.

However, Pilbara did announce its results from the latest BMX auction yesterday, which could be influencing volumes, as well as the company’s shares this Wednesday.

At present, the Pilbara share price has put on a pleasing 5.83% at $5.08. No doubt this outsized gain is also to thank for so many shares changing hands.

Core Lithium Ltd (ASX: CXO)

Finally this Wednesday we have yet another ASX 200 lithium stock in Core Lithium. During this session, we have seen an eye-catching 34.77 million Core Lithium shares trade hands as it currently stands.

Again, with no fresh news out from the company, it seems that share price gains are the most likely catalyst here. The company is up a whopping 8.63% so far today to $1.38 a share.

As my Fool colleague covered this afternoon, this means that Core Lithium has now gained more than 20% in the past week alone. No wonder so many shares are flying around.

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

• Why Chalice Mining, Core Lithium, Corporate Travel Management, and NIB are rising
• Why did the Pointsbet share price surge 12% on Wednesday?
• Why is the Calix share price frozen on Wednesday? (Hint: it involves Pilbara Minerals)
• Why has the Core Lithium share price surged 20% so far this week?
• Why is the Pilbara Minerals share price storming 6% higher on Wednesday?

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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