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

What a week this week is turning out to be for the S&P/ASX 200 Index (ASX: XJO). After rocketing a solid 1.26% yesterday, the ASX 200  is keeping the post-Easter party going today with another session of strong gains.

At the time of writing, the Index is up by a happy 0.43%, putting the ASX 200 back over 7,340 points. The chocolate rush certainly shows no signs of abating.

But time now to take a look at the shares that are currently at the peak of the ASX 200’s share trading volume charts so far this session, according to investing.com. 

The 3 most traded ASX 200 shares by volume this Wednesday

Nickel Industries Ltd (ASX: NIC)

ASX 200 nickel producer Nickel Industries is first up for examination. This Wednesday has seen a notable 16.337 million Nickel Industries shares bought and sold thus far. After announcing a new issuance of notes yesterday morning, we haven’t heard anything out of Nickel Industries today.

However, that hasn’t stopped this ASX share from making a big move. At present, Nickel Industries shares have gained an impressive 3.59% this session to 93.75 cents a share. It seems this big move upwards is to thank for this company’s presence here today

Sayona Mining Ltd (ASX: SYA)

Next up this Wednesday is ASX 200 lithium share Sayona Mining. So far this session, a sizeable 17.97 million Sayona shares have slid across the share market. There hasn’t been any fresh news out of Sayona so far today. So this volume is probably a result of the volatility we have seen with this company on the markets today.

Sayona has spent time in both positive and negative territory. The lithium miner is currently up by 1.03% at 19.7 cents per share but dropped to 19.2 cents earlier this morning (down 1.5%). It’s this bouncing around that probably explains why so many shares are trading.

Pilbara Minerals Ltd (ASX: PLS)

Third and finally, let’s check out another ASX 200 lithium stock in Pilbara Minerals. A hefty 22.62 million PIblara shares have changed hands on the markets today as it currently stands. There’s been no news out of Pilbara today either.

But, regardless, the Pilbara share price has tanked by a nasty 3.39% at present to $3.565 a share. My Fool colleague James posited that this could be a result of concerns that lithium prices could have further to fall. But it’s this large sell-off that we can probably thank for the high volumes 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 Future Generation, Pilbara Minerals, Platinum, and Whitehaven Coal shares are dropping
• Pilbara Minerals is one of the cheapest shares in the ASX 200. Am I buying?
• I’m looking for once-in-a-decade opportunities in the stock market recovery
• ‘Attractive value’: 2 ASX 200 mining shares ‘worth adding’ right now
• 5 things to watch on the ASX 200 on Wednesday

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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