The S&P/ASX 200 Index (ASX: XJO) has had a pleasing day of gains this Wednesday after the sell-offs we saw earlier this week. At market close, the ASX 200 has risen by a healthy 1.04% to finish the day at 7,053 points.
But let’s dive deeper and take a glance at the ASX 200 shares that topped the market’s trading volume charts, according to investing.com.
The 3 most traded ASX 200 shares by volume on Wednesday
South32 Ltd (ASX: S32)
Resources giant South32 is first up today. This ASX 200 diversified miner has had a sizeable 28.37 million shares change hands, though there hasn’t been much in the way of news out of the company.
The company trades ex-dividend tomorrow, so that might have been what influenced trading activities today. The South32 share price has lost 1.4% on Wednesday, closing trade at $4.94 a share.
Paladin Energy Ltd (ASX: PDN)
Paladin shares are next up today. A whopping 42.85 million Paladin shares have swapped owners at the close of trade. This is almost certainly due to the monster 10.71% jump Paladin shares enjoyed today.
As my Fool colleague James covered earlier, this could be related to some love from a broker that the company has just been the recipient of. A move like that can often result in a surge in trading volume, which appears to be what we’ve witnessed today.
Nickel Mines Ltd (ASX: NIC)
Nickel Mines was Wednesday’s most traded ASX 200 share on the market. Today has seen a whopping 55.27 million Nickel Mines shares bought and sold on the markets today. That’s despite Nickel Mines being in a trading halt for most of the day today.
However, that halt was sparked by a 22.7% plunge in Nickel Mines’ share price, which was probably the source of so many shares trading hands.
The post Here are the 3 most heavily traded ASX 200 shares this Wednesday appeared first on The Motley Fool Australia.
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More reading
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- ANZ has the largest ASX big four bank dividend yield right now. What?
- ASX 200 (ASX:XJO) midday update: Origin’s $250m buyback, Nickel Mines smashed
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 Bruce Jackson.
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