The S&P/ASX 200 Index (ASX: XJO) has shaken off some morning blues so far this Wednesday to push higher this afternoon. After falling as much as 0.5% this morning, the ASX 200 is back in the green at the time of writing and is up a tentative 0.07% at just over 7,260 points.

Happy days! But time now to delve a little deeper into the ASX 200’s rather indecisive day of trading thus far, by checking out the stocks that are topping the ASX 200’s share trading volume charts right now, according to investing.com.

The 3 most traded ASX 200 shares by volume this Wednesday

Sayona Mining Ltd (ASX: SYA)

First up this Wednesday is the ASX 200 lithium stock Sayona Mining. This session has seen a sizeable 12.62 million Sayona shares swapped as it currently stands. There hasn’t been any price-sensitive news out of Sayona so far today.

However, this lithium share has still shot up by a pleasing 2.98% thus far to 24 cents a share. Most lithium shares are enjoying some big gains this Wednesday, despite no major news coming out of the sector. It’s this gain that probably explains the high volumes we are seeing here.

Telstra Group Ltd (ASX: TLS)

Next up is ASX 200 telco Telstra. So far this trading day, a decent 13.42 million Telstra shares have been dialled in for trading. There’s been no news out from Telstra itself either. But the company has just traded ex-dividend this morning for its upcoming interim dividend payment.

As a consequence, the Telstra share price has shed a chunky 2.3% or so at this point of the session. This is probably the source of Telstra’s high elevated trading volumes. Investors can now look forward to receiving Telstra’s 8.5 cents per share dividend on 31 March later this month.

Pilbara Minerals Ltd (ASX: PLS)

Finally this Wednesday, let’s look at Sayona’s fellow ASX 200 lithium share Pilbara Minerals. Today’s trading has seen a hefty 29.25 million PIlbara shares bought and sold thus far.

All has been quiet on the Pilbara news front as well. So it’s likely we are seeing a similar situation to that of Sayona Mining here. In Pilbara’s case, investors are enjoying even higher gains so far, with the Pilbara share price up a robust 4.20% at $4.34 a share right now.

Such a big share price lift has almost certainly caused the high share volume on display 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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More reading

• Why Brainchip, Cooper Energy, Link, and Telstra shares are dropping today
• ASX 200 leaps higher on latest GDP and inflation news
• Why did the Pilbara Minerals share price sink 9% in February?
• Why is the Telstra share price sliding lower on Wednesday?
• These ASX 200 shares were crushed in February

Motley Fool contributor Sebastian Bowen has positions in Telstra Group. 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 positions in and has recommended Telstra Group. 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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