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

The S&P/ASX 200 Index (ASX: XJO) has shaken off the malaise of yesterday and is pushing decisively higher so far this Wednesday. That’s despite the latest figures from the Australian Bureau of Statistics indicating that inflation is showing no signs of slowing down just yet. 

At the time of writing, the ASX 200 has gained a healthy 0.96%, which puts the index at around 7,200 points. 

So let’s now delve a little deeper into these share market moves by taking a glance at 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)

First up today is the mining giant South32. This Wednesday has seen a notable 11.08 million South32 shares change hands as it currently stands. There has been no major news or announcements from this company during today’s session.

As such, we can probably put this elevated volume down to the share price movements that we’ve seen today. The South32 share price is currently up a decent 1.7% at $4.52 a share, which is enough to see this company at the top of the ASX 200’s trading volume charts today.

AMP Ltd (ASX: AMP)

Next up is ASX 200 financial services provider AMP. Today’s session has seen a significant 12.3 million AMP shares fly around the share market. We haven’t had any fresh news out of AMP either.

But this company’s shares are also in investors’ good books this Wednesday, it seems. At present, the AMP share price has put on a pleasing 2.76% up to $1.30 a share. Again, it’s probably this move that is resulting in so many AMP shares flying around.

Pilbara Minerals Ltd (ASX: PLS)

Our final and most traded share this Wednesday is none other than ASX 200 lithium star Pilbara Minerals. During today’s trading, a hefty 18.65 million Pilbara shares have been bought and sold thus far.

Once again, it seems a fast-rising share price is to thank for this high volume. Pilbara shares have pleasingly posted a 3.49% rise at this point of the day. That lifts the Pilbara share price to a flat $4. This company has now gained an impressive 10.64% in 2023 to date.

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

• ASX 200 lifts despite latest Aussie inflation data
• Top brokers name 3 ASX shares to buy today
• 3 ASX 200 lithium shares brokers just upgraded to ‘buy’
• Why Allkem, Pilbara Minerals, Talga, and Westgold shares are storming higher today
• Will 2023 be a golden year for ASX 200 mining shares?

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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