The S&P/ASX 200 Index (ASX: XJO) is enjoying a relatively robust day in the green so far this Wednesday. At the time of writing, the ASX 200 is up a healthy 0.93% at just over 7,150 points.
But let’s dive deeper into these gains and have a look at the shares that are currently topping the ASX 200’s share volume charts, according to investing.com.
The 3 most traded ASX 200 shares by volume on Wednesday
Pilbara Minerals Ltd (ASX:PLS)
ASX 200 lithium producer Pilbara Minerals is our first share to check out today. As it presently sits, Pilbara has had a notable 15 million of its shares find a new home on the markets thus far.
There has been no major news or announcements out of the company this Wednesday as of yet. However, Pilbara has enjoyed a solid share price rise during today’s trading. the lithium share is currently up by 0.8% at $2.59 a share. This move could explain the volumes we are seeing.
South32 Ltd (ASX: S32)
Sotuh32 is next up on Wednesday. This diversified ASX 200 miner has had a hefty 16.4 million of its shares traded on the markets today. Again, we haven’t had any major news or announcements come out of the company.
Thus, it’s probable that the 2.6% rise South32 shares have enjoyed today is responsible for this elevated volume. Perhaps in conjunction with the miner’s ongoing share buybacks.
Nickel Mines Ltd (ASX: NIC)
The aptly-named nickel company Nickel Mines is our third and final share today. This resource share has had a whopping 18.37 million of its shares trade hands as it currently stands. This appears to have been caused by a strong share price gain.
Nickel mines shares are currently up a healthy 4.11% at $1.20 each, with no other news out of the compnay itself. As such, this big rise is the most likely reason we are seeing Nickel Mines top the charts thus far today.
The post These 3 ASX 200 shares are topping the volume charts on Wednesday appeared first on The Motley Fool Australia.
Wondering where you should invest $1,000 right now?
When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for over ten years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*
Scott just revealed what he believes could be the five best ASX stocks for investors to buy right now. These stocks are trading at near dirt-cheap prices and Scott thinks they could be great buys right now.
*Returns as of January 12th 2022
More reading
- Brokers name 3 ASX mining shares to buy today
- GameStop 2.0? What you need to know about the nickel short squeeze and how it’s impacting ASX shares
- Here are the 3 most heavily traded ASX 200 shares this Tuesday
- Why are ASX 200 mining shares having such a dire day?
- These 3 ASX 200 shares are topping the volume charts on Monday
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.
from The Motley Fool Australia https://ift.tt/z5A1afE
Leave a Reply