Here are the 3 most heavily traded ASX 200 shares on Wednesday

We take a look at the most traded ASX 200 shares by volume today.

| More on:
a group of three people carry a large block to line it up in ascending order with two other blocks nearby.

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

Once again, the S&P/ASX 200 Index (ASX: XJO) is enduring a red day of trading so far this Wednesday. At the time of writing, the ASX 200 has lost another 0.1% and is back to just over 7,040 points after another incursion below 7,000 this morning. 

But rather than letting these latest market moves get to us, let’s instead take a glance at the ASX 200 shares that are currently at the top of the share market’s trading volume charts, according to investing.com.

The 3 most traded ASX 200 shares by volume this Wednesday

South32 Ltd (ASX: S32)

Diversified ASX 200 mining share South32 is the first company worth checking out today. This miner has had a hefty 12.54 million of its shares swap owners so far this Wednesday.

With no news out from the company, we have to assume this volume is the result of South32’s ongoing share buybacks, as well as the noticeable share price drop we have seen so far today. At the current time, South32 has lost 2.13% and is down to $4.38 a share.

Telstra Corporation Ltd (ASX: TLS)

ASX 200 telco Telstra is our next share on our list today. A sizeable 17.62 million Telstra shares have traded hands as it currently stands. Here it seems we have a very similar situation to South32. No news out from the company, save for share buyback notices, which could well be involved in the high volumes we are seeing.

Telstra shares have also copped a small beating today. The telecommunications giant has presently lost 0.9% of its value and is back to $3.90 a share. So we can probably thank this combination for Telstra’s presence today.

Link Administration Holdings Ltd (ASX: LNK)

Our final and most traded ASX 200 share today goes to financial services provider Link Administration. Link has had a whopping 42.55 million shares bought and sold this Wednesday thus far. That’s despite Link shares being placed in a trading halt for a few hours today.

As we covered earlier today, Link shares plunged more than 12% before the company requested the halt, which has since been lifted. As it currently stands, Link remains down 12.47% at $4.35 a share. It’s this drama that is almost certainly behind Link’s elevated volumes.

Motley Fool contributor Sebastian Bowen has positions in Telstra Corporation Limited. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended Link Administration Holdings Ltd. The Motley Fool Australia has positions in 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 Scott Phillips.

More on Share Market News

share price high, all time record, record share price, highest, price rise, increase, up,
Share Market News

Here are the top 10 ASX shares today

Here are your top 10 biggest gainers in the ASX 200 on Friday.

Read more »

a group of five women in business attire stand side by side with unhappy looks on their faces and holding their thumbs down.
Share Market News

5 worst ASX All Ordinaries shares in June

Negative sentiment towards these five ASX shares resulted in big price declines in June. Here's why.

Read more »

blue arrows representing a rising share price ASX 200
Share Market News

Here are the 3 most heavily traded ASX 200 shares on Friday

We take a look at the most traded ASX 200 shares by volume today.

Read more »

Two male ASX 200 analysts stand in an office looking at various computer screens showing share prices
Share Market News

ASX 200 midday update: Regis Resources jumps, BHP and Rio Tinto drop

The ASX 200 is having a better day on Friday...

Read more »

Woman sitting looking miserable at airport
Travel Shares

Why did the Qantas share price plunge 19% in June?

With July upon us, we look at the headwinds that battered the flying kangaroo in June and a few offsetting…

Read more »

A male ASX 200 broker wearing a blue shirt and black tie holds one hand to his chin with the other arm crossed across his body as he watches stock prices on a digital screen while deep in thought
Share Market News

5 things to watch on the ASX 200 on Friday

The ASX 200 is expected to have a better day on Friday...

Read more »

oil and gas worker checks phone on site in front of oil and gas equipment
Energy Shares

Santos shares go cold despite energy regulator outlining ‘crucial’ role gas will play for decades

The Australian Energy Market Operator has released a 30-year plan for investment to enable the transition to renewables.

Read more »

A young boy dressed in a suit and glasses that are too big for him sits at a desk and holds up a trophy representing the top 10 ASX shares today
Share Market News

Here are the top 10 ASX shares today

Here are your top 10 biggest gainers in the ASX 200 on Thursday.

Read more »