The S&P/ASX 200 Index (ASX: XJO) is enjoying a relatively robust day in the green so far this Wednesday. At the time of writing, the ASX 200 is up a healthy 0.93% at just over 7,150 points.
But let's dive deeper into these gains and have a look at the shares that are currently topping the ASX 200's share volume charts, according to investing.com.
The 3 most traded ASX 200 shares by volume on Wednesday
Pilbara Minerals Ltd (ASX:PLS)
ASX 200 lithium producer Pilbara Minerals is our first share to check out today. As it presently sits, Pilbara has had a notable 15 million of its shares find a new home on the markets thus far.
There has been no major news or announcements out of the company this Wednesday as of yet. However, Pilbara has enjoyed a solid share price rise during today's trading. the lithium share is currently up by 0.8% at $2.59 a share. This move could explain the volumes we are seeing.
South32 Ltd (ASX: S32)
Sotuh32 is next up on Wednesday. This diversified ASX 200 miner has had a hefty 16.4 million of its shares traded on the markets today. Again, we haven't had any major news or announcements come out of the company.
Thus, it's probable that the 2.6% rise South32 shares have enjoyed today is responsible for this elevated volume. Perhaps in conjunction with the miner's ongoing share buybacks.
Nickel Mines Ltd (ASX: NIC)
The aptly-named nickel company Nickel Mines is our third and final share today. This resource share has had a whopping 18.37 million of its shares trade hands as it currently stands. This appears to have been caused by a strong share price gain.
Nickel mines shares are currently up a healthy 4.11% at $1.20 each, with no other news out of the compnay itself. As such, this big rise is the most likely reason we are seeing Nickel Mines top the charts thus far today.
