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…

Sebastian Bowen

Author Bio Sebastian Bowen has been a Motley Fool contributor since late 2018. Sebastian found his passion for writing and educating others about shares and all things finance after completing his studies in political, economic and social science and enjoys bringing this passion to life at the Fool. His investment philosophy is a simple one – buying high-quality companies at prices that make sense. When he’s not researching his next investment at all hours of the morning, Sebastian enjoys classic movies and likes to unwind with a good book, newspaper or record. Areas of Expertise Dividend investing ETFs Education Bachelor of Political, Economic, and Social Sciences (Government and International Relations), University of Sydney Social Media X/Twitter Favorite Investment Quote "In the short run, the market is a voting machine, but in the long run, it is a weighing machine." – Benjamin Graham

Published December 22, 2021 3:47 pm AEDT

The S&P/ASX 200 Index (ASX: XJO) is having a bit of a wild day of trading on the markets this Wednesday so far. At the time of writing, the ASX 200 is pretty much flat at 7,353 points after spending most of the trading day in the red.

So let's dig deeper and check out the ASX 200 shares topping the ASX's share volume charts for this day's trading session, according to investing.com.

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3 most traded ASX 200 shares by volume this Wednesday

Telstra Corporation Ltd (ASX: TLS)

ASX 200 telco Telstra is our first share to check out today. So far, a hefty 11.28 million Telstra shares have been traded on the share market. There's not much news out of the telco to speak of though. So it's not entirely clear why this elevated volume is occurring.

It could be the result of the mild fall Telstra has experienced so far today, falling by 0.36% so far to $4.115 a share. That's just a touch off of the new 52-week high of $4.13 we saw the company hit yesterday. Telstra's ongoing share buybacks are probably also helping to boost this volume.

Santos Ltd (ASX: STO)

Oil driller Santos is next up this Wednesday. This ASX 200 energy share has had a sizeable 14.2 million of its shares bought and sold so far today. Again, with no news out of the company, let's take a look at what's happening with the Santos share price. Santos shares are presently up a healthy 0.97% are $6.22 at the time of writing. This has probably led to the high trading volumes we are seeing.

Pilbara Minerals Ltd (ASX: PLS)

Our final and most traded ASX 200 share for today thus far is the lithium producer Pilbara Minerals. Pilbara has had a whopping 23.87 million shares change owners as it stands right now. This is almost certainly the result of the huge share price jump investors have enjoyed this Wednesday.

The company is currently up 7.17% at $2.69 a share. My Fool colleague Mitchell took a look at this jump earlier, which seems to be the result of a dramatic shift in investor sentiment. That's given there are no developments out of the company.

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