The S&P/ASX 200 Index (ASX: XJO) is having a rather depressed day of trading on the markets this Wednesday so far. The ASX 200 is presently down 0.16% to 7,425 points.
With that out of the way, let’s instead dive a little deeper into the ASX 200 shares that are topping the charts today (at the time of writing) in terms of trading volume, according to investing.com.
The 3 most traded ASX 200 shares so far this Wednesday
South32 Ltd (ASX: S32)
Diversified ASX 200 mining company South32 is our first ASX share to check out today. At the time of writing, a hefty 13.75 million S32 shares have traded so far today.
With no news or announcements out of the miner, we can probably put this volume down to what is happening with the South32 share price. The company is currently down a nasty 1.91% today so far to $3.34 a share. We are likely seeing a spike in trading volume because of this fall.
Scentre Group (ASX: SCG)
ASX 200 Real Estate Investment Trust (REIT) Scentre Group is our next share to check out today. This Wednesday has seen a sizeable 26.87 million Scentre units swap hands so far.
Again, we don’t have much in the way of news out of this REIT, so we can probably put this volume down to this company’s unit price performance. Unlike South32 though, Scentre is up today, by a healthy 1.55% to $2.96 a unit. This might be prompting this large trading volume we are seeing thus far.
Pilbara Minerals Ltd (ASX: PLS)
What a day Pilbara has had. This ASX 200 lithium producer has seen a whopping 41.7 million of its shares bought and sold at the time of writing.
This is almost certainly the byproduct of Pilbara hitting a new all-time high today after a positive announcement this morning. The lithium producer is presently trading at $2.46 a share, up 8.85% so far today. But it hit a high of $2.53 earlier this morning, which was a gain of roughly 10% at the time. This is clearly a factor behind the massive trading volumes we are seeing with Pilbara Minerals this Wednesday.