These 3 ASX 200 shares are topping the volume charts on Wednesday

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

| More on:
Three tourists jump high with big smiles in the village square.

Image source: Getty Images

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

The S&P/ASX 200 Index (ASX: XJO) is having a pretty bumpy time of it so far this Wednesday. At the time of writing, the ASX 200 is currently up by just 0.3% at 7,413 points after stints in both positive and negative territory over the trading day thus far.

But rather than trying to figure that out, let's instead check out the ASX 200 shares that are currently topping the ASX trading volume charts so far today, according to investing.com.

3 most active ASX 200 shares by volume this Wednesday

Pilbara Minerals Ltd (ASX: PLS)

Our first ASX 200 share to check out today is the lithium producer Pilbara Minerals. This Wednesday has seen a sizable 12.96 million Pilbara shares trade hands so far. With no news or announcements out of the company, we can probably put this volume down to the volatility Pilbara shares have been exhibiting so far.

After dipping as low as $2.44 a share this morning after open, the Pilbara share price has been playing jump rope with the breakeven line all day. It's currently at $2.52 a share, returning to the price it was at yesterday's close. It's this volatility that is probably behind this elevated trading volume.

Sydney Airport (ASX: SYD)

Sydney Airport is next up, with a hefty 21.22 million shares finding new owners on the ASX boards so far today. There's not much in the way of news or announcements out of this ASX 200 infrastructure giant today either. The shares are currently down by 0.15% at $8.44.

But Sydney Airport has periodically been one of the highest trading ASX 200 shares ever since its acceptance of the takeover deal lobbed its way last month. At $8.44, Sydney Airport is still trading a good 3.7% or so from the takeover price of $8.75 a share. This could be a factor in this high volume today.

Spark Infrastructure Group (ASX: SKI)

And our final and most traded ASX 200 share of the day thus far goes to the renewables company Spark Infrastructure. Unlike the other two companies mentioned, we have something of a smoking gun as to why a whopping 30.72 million Spark shares have been bought and sold over the day so far.

This morning, the company announced that it has received approval from the Foreign Investment Review Board (FIRB) for the takeover offer put forward by a consortium led by Kohlberg Kravis Roberts and the Ontario Teachers' Pension Plan earlier this year. The Spark share price is up 1.95% at $2.88 a share so far today. 

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.

More on Share Market News

Man holding out Australian dollar notes, symbolising dividends.
Broker Notes

Where to invest $8,000 on the ASX in April 2024

A leading broker thinks these shares would be quality options this month.

Read more »

Fancy font saying top ten surrounded by gold leaf set against a dark background of glittering stars.
Share Gainers

Here are the top 10 ASX 200 shares today

Let's also take a look at what the various ASX sectors were doing this Wednesday.

Read more »

Two male ASX 200 analysts stand in an office looking at various computer screens showing share prices
Broker Notes

Top brokers name 3 ASX shares to buy today

Here's what brokers are recommending as buys this week.

Read more »

A young women pumps her fists in excitement after seeing some good news on her laptop.
Share Gainers

Why Argosy Minerals, Immutep, Pointsbet, and Regis Resources shares are racing higher

These shares are having a strong session on Wednesday. But why?

Read more »

A young man clasps his hand to his head with his eyes closed and a pained expression on his face as he clasps a laptop computer in front of him, seemingly learning of bad news or a poor investment.
Share Fallers

Why Chalice Mining, Cleanaway, Kogan, and Perpetual shares are sinking today

These ASX shares are having a tough time on Wednesday. But why?

Read more »

Man looking at his grocery receipt, symbolising inflation.
Share Market News

Why the ASX 200 just crumbled on today's inflation print

ASX 200 investors are hitting the sell button following the latest Australian inflation news.

Read more »

man grimaces next to falling stock graph
Share Fallers

Why did this ASX 100 stock just crash 11%?

Cleanaway shares have been on a crazy roller-coaster over the past 24 hours.

Read more »

a man in a british union jack T shirt hurdles high into the air with london bridge visible in the background.
Mergers & Acquisitions

Nick Scali shares halted amid $60m capital raising and UK expansion news

This furniture retailer has its eyes on the UK furniture market.

Read more »