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

A lithium share is our most traded company on the ASX 200 today.

| More on:

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

The S&P/ASX 200 Index (ASX: XJO) is finally back in the green this Wednesday after a rough couple of trading days. At the time of writing, the ASX 200 has gained a healthy 0.52% and is just under 7,000 points.

So let's now delve deeper into these gains by checking out the shares currently topping the ASX 200's share trading volume charts, according to investing.com.

An office worker and his desk covered in yellow post-it notes

Image source: Getty Images

The 3 most traded ASX 200 shares by volume this Wednesday

Telstra Corporation Ltd (ASX: TLS)

First up today is ASX 200 blue chip telco Telstra. So far this Wednesday, a notable 13.9 million Telstra shares have been bought and sold on the share market. This is probably a consequence of the nasty 2.2% drop that the company has endured so far during today's session.

However, that drop is not as bad as you might think, being a consequence of the telco trading ex-dividend for its upcoming final dividend payment of 8.5 cents per share.

EML Payments Ltd (ASX: EML)

Next up we have ASX 200 payments share EML. So far this Wednesday, a sizeable 22.71 million EML shares have found a new home. Sadly for investors, this looks to be a byproduct of the company's nasty share price fall that we have seen.

As we dug into earlier this afternoon, investors are fleeing the company after EML revealed that it has identified fraudulent activity within its Sentenial business. With EML shares down by 11.56% to 88 cents each, it's perhaps no wonder so many shares are trading hands.

Pilbara Minerals Ltd (ASX: PLS)

Last up today is ASX 200 lithium stock Pilbara Minerals. This Wednesday has seen a whopping 35.06 million Pilbara shares trade on the share market thus far. Fortunately for investors, this seems to be the result of a positive share price swing.

Pilbara shares have gained a pleasing 5.96% so far today to $3.46 a share. There's been no news out of the company during the current session. But investors have been flocking to PiIblaa shares ever since the company dropped its FY2022 earnings report yesterday.

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 EML Payments. The Motley Fool Australia has positions in and has recommended EML Payments and 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

A woman smiles over the top of multiple shopping bags she is holding in both hands up near her face.
Share Market News

Why did ASX 200 retail shares lead the market last week?

Consumer discretionary shares outperformed during a volatile trading week, rising 4.38%.

Read more »

A happy team of businesspeople stand in a corporate office.
Broker Notes

Top brokers name 3 ASX shares to buy next week

Brokers gave buy ratings to these ASX shares last week. Why are they bullish?

Read more »

Happy couple doing online shopping.
Opinions

Down 17%: Why I'd buy and hold Wesfarmers shares

Bunnings remains the key asset, but I think Wesfarmers has more than one way to create value over time.

Read more »

Opinions

2 top ASX shares to buy and hold for the next decade

I’m backing these investments to deliver big returns!

Read more »

Flying Australian dollars, symbolising dividends.
Share Market News

Here's the dividend forecast out to 2028 for Fortescue shares

How big could the miner’s dividends be in the next few years?

Read more »

Business man marking buy on board and underlining it.
Broker Notes

10 ASX shares given buy ratings this week

Let's see which shares brokers are tipping as buys for Aussie investors this week.

Read more »

Gas share price represented by a rising share price chart.
Share Market News

2 brokers have tipped this ASX energy stock to jump by more than 60%

A big gas deal has bolstered this company's fortunes.

Read more »

Four girls in festive pink hats are sitting on a hammock and laughing merrily.
Opinions

4 ASX 200 shares I'd buy with $5,000 in June

One of the ASX 200 shares is tipped to climb another 169%!

Read more »