The S&P/ASX 200 Index (ASX: XJO) has doubled down on yesterday’s gains so far this Wednesday. At the time of writing, the ASX 200 has risen a pleasing 0.8% and is currently sitting at 7,244 points.
But let’s dig a little deeper and have a look at the ASX 200 shares that are currently sitting at the top of the share market’s trading volume charts, according to investing.com.
The 3 most traded ASX 200 shares by volume so far on Wednesday
Telstra Corporation Ltd (ASX: TLS)
Telstra is our fisrt share up today. So far, a hefty 15.1 million shares of this ASX 200 telco have found a new home. That’s despite the Telstra share price doing a whole lot of not much so far this Wednesday.
Telstra is currently flat at $4.06 a share after going as high as $4.10 a share and as low as $4.03 earlier this morning. There have been no other pieces of news out of Telstra, so we have to assume it is this volatility, as well as Telstra’s relatively low share price compared to its market capitalisation, that is behind this volume.
AMP Ltd (ASX: AMP)
ASX 200 financial services company AMP is our next share to check out today. This wealth manager has seen an impressive 19 million of its shares bought and sold on the markets thus far this Wednesday.
There’s been no major news or announcements out of AMP thus far. As such, we can probably put this high volume down to the movements of the AMP share price itself. The company is currently up a pleasing 3.89% to around $1 a share at the time of writing. It’s this decisive move that is almost certainly behind this elevated volume we see.
Sydney Airport (ASX: SYD)
For the last time, Sydney Airport is our most traded ASX 200 share of the day, with a whopping 40.35 million shares having traded owners on the markets. I say for the last time because today is the final day that Sydney Airport will call the ASX home.
The company is scheduled to delist from the ASX boards this afternoon after the successful takeover bid from the Sydney Aviation Alliance was accepted by both regulators and shareholders over the past month or two. So today’s volume is probably a consequence of this, er, imminent departure.