The S&P/ASX 200 Index (ASX: XJO) is giving investors a mid-week boost so far this Wednesday, and is powering towards the all-time high of 7,632.8 points that we saw in August last year. At the time of writing, the ASX 200 has gained another 0.21% at just under 7,600 points.
So let’s dig deeper into these gains and check out the ASX 200 shares currently topping the share market’s volume charts, according to investing.com.
The 3 most-traded ASX 200 shares by volume this Wednesday
Telstra Corporation Ltd (ASX: TLS)
Telco Telstra is our first ASX 200 share off the rank today. This famous telecommunications company has had a sizeable 12.57 million of its shares traded on the markets so far. There has been no major news or announcements out of Telstra today. Nor have the company’s shares produced much movement. The Telstra share price is flat at $4.03 at the time of writing.
In saying that, the telco did go as high as $4.06 a share earlier today. Perhaps it is this share price fluctuation, together with the company’s ongoing share buyback program, that is responsible for the high volume we are seeing.
Pilbara Minerals Ltd (ASX: PLS)
From TLS to PLS! ASX 200 lithium producer Pilbara Minerals is next up today. As it stands, a notable 13.79 million Pilbara shares have already swapped hands this Wednesday. There has been no official news out of Pilbara today either. However, this lithium stock has had a rather nasty share price fall over today’s trading. The company is currently at $2.84 a share, down by 2.41%. This is probably the cause of these elevated share volumes.
AVZ Minerals Ltd (ASX: AVZ)
Another ASX 200 lithium stock in AVZ Minerals rounds out our list today. AVZ has watched as 15.26 million of its shares have found a new home thus far. Again, there is no obvious smoking gun here.
Not only is there no major news or announcements out of AVZ, but the AVZ share price is running fairly flat so far this Wednesday. At the time of writing, it is sitting at $1.19, exactly flat on where it closed at yesterday. We have seen this company go as high as $1.22 a share and as low as $1.18 over today’s trading, so maybe this bouncing around is behind the volume we are witnessing.