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

We take a look at the most active ASX 200 shares by volume…

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The S&P/ASX 200 Index (ASX: XJO) is having a fairly decent day of trading on the share market today, in stark contrast to Monday’s shellacking. The ASX 200 is currently up 0.51% at the time of writing to 7,311 points.

But let’s dig a little deeper and check out the ASX 200 shares that are topping the charts for raw trading volume at the time of writing, according to

The 3 most heavily traded ASX 200 shares on Wednesday

South32 Ltd (ASX: S32)

ASX 200 mining company South32 is our first ASX share to check out today. This resources share has seen a hefty 15.67 million shares trade so far this Wednesday.

With no news or major announcements out of South32 today, we can probably put this high volume down to the healthy 2.28% gain to $3.36 a share South32 has enjoyed so far today. This recovery follows the brutal sell off we saw in this miner earlier in the week.

Fortescue Metals Group Limited (ASX: FMG)

Another ASX 200 miner is next up, Fortescue Metals. This Wednesday has seen a sizeable 18.59 million Fortescue shares swap hands so far. As with South32, Fortescue has had a very wild week so far, mostly due to the ructions we have seen in commodity markets recently.

Fortescue shares are up a very healthy 4.14% today so far to $15.36 which is the likely cause of such high trading volume. Even after today’s rise, this miner is still down almost 25% over the past month.

AusNet Services Ltd (ASX: AST)

And our most traded ASX 200 share today is none other than energy company AusNet, with a whopping 19.83 million shares bought and sold. This high volume follows the AusNet share price losing a nasty 2.9% so far this Wednesday.

This can probably put down to the company’s ongoing takeover saga. Despite today’s loss, AusNet shares are still up a very pleasing 25% or so since last Friday.

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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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