The S&P/ASX 200 Index (ASX: XJO) is slipping from its robust week last week in a day of losses so far. At the time of writing, the ASX 200 has lost 0.47% and is trading at just under 7,500 points.
But rather than dwelling on that, let’s instead check out the shares topping the ASX 200’s trading volume charts, according to investing.com.
The 3 most traded ASX 200 shares by volume this Wednesday
Nickel Mines Ltd (ASX: NIC)
Nickel Mines is our first ASX 200 share to check out today. This nickel miner has had a sizeable 16.6 million shares swap owners on the markets today so far. There’s been no major news out of the company today to speak of. Thus, we can only conclude that this elevated volume is the direct result of the nasty share price fall the company has endured over today’s trading session. Nickel Mines shares are presently down by 5.55% at $1.242 a share.
Pilbara Minerals Ltd (ASX: PLS)
Pilbara Minerals is next up today. The ASX 200 lithium producer is also flying around the markets today, with a notable 23.53 million shares bought and sold thus far. Again, we seem to have a big swing in the share price to thank. And again, it’s a disappointing loss for investors. Pilbara shares are currently down a depressing 5.21% at $3.365 each. No wonder this company is experiencing such high trading volume.
AVZ Minerals Ltd (ASX: AVZ)
Another ASX 200 lithium stock in AVZ is our final and most traded share of the day today. An impressive 41.16 million AVZ shares have changed hands as it currently stands. AVZ released its presentation from a battery minerals conference this morning. But that doesn’t seem to have saved its shares from yet another savage selloff today. This company is staring at a 6.94% loss at $1.14 a share right now. This, possibly in combination with its ASX release this morning, is the probable cause of this elevated share trading volume.
The post These 3 ASX 200 shares are topping the volume charts on Wednesday appeared first on The Motley Fool Australia.
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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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