The S&P/ASX 200 Index (ASX: XJO) has had a rather topsy-turvy day of trading so far this Wednesday. At the time of writing, the ASX 200 has fallen back into negative territory, after initially gaining this morning and is now down by 0.19% at around 6,511 points.
But let’s delve deeper into these market gyrations and take a look at the shares presently topping the ASX 200’s share trading volume charts, according to investing.com.
The 3 most traded ASX 200 shares by volume this Wednesday
Pilbara Minerals Ltd (ASX: PLS)
Our first cab off the rank today is ASX 200 lithium stock Pilbara Minerals. So far today, a hefty 14.8 million Pilbara shares have changed owners. There’s been no major news or announcements out of Pilbara today.
In saying that, this company’s share price has been bouncing around a fair bit. Pilbara shares are currently down by 2.12% at $2.075 a share. It’s probably this selloff that has prompted the high trading volumes we are seeing.
Core Lithium Ltd (ASX: CXO)
Pilbara’s fellow ASX 200 lithium stock Core Lithium is next up today. It’s Core Lithium’s first week as an ASX 200 member this week. But that hasn’t saved this company from having a rough time. Core Lithium shares have been whacked again today.
The company has slid a nasty 14% so far today and is now at 86.5 cents a share. This latest move means Core Lithium is now down by close to a third over just the past week alone. With a 14% drop today, it’s perhaps no wonder that 42.67 million Core Lithium shares have been bought and sold today.
Lake Resources N.L. (ASX: LKE)
It’s three for three for ASX lithium stocks on today’s list. Yes, lithium hopeful Lake Resources is our third, final, and most traded ASX 200 share today, with a whopping 100.12 million shares finding a new home. Once again, it seems a share price fall is the culprit.
Lake Resources has been smashed today. The company is down another 13.92% so far at 84 cents a share. Not to be outdone by Core Lithium, Lake Resources has now lost almost half of its value over the past week.