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

It’s been another incredibly bumpy ride for the S&P/ASX 200 Index (ASX: XJO) so far this Wednesday. At the time of writing, the ASX 200 index is up by just 0.01% at slightly over 6,600 points. 

But rather than trying to figure all of that out, let’s instead check out the shares that are currently topping the ASX 200’s share trading volume charts, according to investing.com.

The 3 most traded ASX 200 shares by volume this Wednesday

Tabcorp Holdings Limited (ASX: TAH)

Our first share to take a glance at today is ASX 200 gaming company Tabcorp. So far this Wednesday, a hefty 14.57 million Tabcorp shares have changed owners. This one is rather hard to explain. There hasn’t been any fresh news out from the company itself.

So we can probably pin this elevated trading volume on the gyrations of the Tabcorp share price itself. So far today, Tabcorp shares have swung from losses to gains and back to losses again, alongside the broader market. As it currently stands, the gaming company is down by 0.5% at $1 a share.

South32 Ltd (ASX: S32)

Next up we have none other than diversified ASX 200 mining company South32. South32 has seen a notable 16.1 million shares bought and sold on the markets today.

This appears to be the result of the company’s substantial backwards step we are witnessing. South32 has lost 1.7% of its value today and is back down to $3.49 a share. It’s probably this noticeable drop that has elicited so many shares to bounce around the ASX this Wednesday.

Pilbara Minerals Ltd (ASX: PLS)

Our third, final and most traded is ASX 200 lithium stock Pilbara Minerals. In PIlbara’s case, we have a sizeable 16.71 million shares that have changed hands as it currently stands. We haven’t had any news out of Pilbara either.

However, this company has had a shot in the arm when it comes to its share price, which is the likely cause of this volume. Pilbara shares have rocketed a pleasing 4.91% so far this Wednesday to $2.35.

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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• ASX 200 midday update: ANZ confirms MYOB talks, energy shares fall
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• 5 things to watch on the ASX 200 on Wednesday
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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 Scott Phillips.

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