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 children wearing athletic short and singlets stand side by side on a running track wearing medals around their necks and standing with their hands on their hips.

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 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.

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.

Motley Fool contributor Sebastian Bowen owns Telstra Corporation Limited. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia owns and has recommended Telstra Corporation Limited. 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

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 »

An arrogant banker pleased with himself and his success winks at his mobile phone while taking a selfie
Share Market News

Are ASX 200 bank shares like CBA 'too expensive' right now?

Are banks overpriced or good value today?

Read more »

Happy couple doing grocery shopping together.
Broker Notes

Buy one, sell the other: Goldman's verdict on Coles vs. Woolworths share prices

One stock is set for a 26% share price gain over the next 12 months while the other is destined…

Read more »

Business woman watching stocks and trends while thinking
Share Market News

5 things to watch on the ASX 200 on Wednesday

Another positive session is expected for Aussie investors today.

Read more »