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

We have some different ASX 200 shares in our most traded list today…

Sebastian Bowen

Author Bio Sebastian Bowen has been a Motley Fool contributor since late 2018. Sebastian found his passion for writing and educating others about shares and all things finance after completing his studies in political, economic and social science and enjoys bringing this passion to life at the Fool. His investment philosophy is a simple one – buying high-quality companies at prices that make sense. When he’s not researching his next investment at all hours of the morning, Sebastian enjoys classic movies and likes to unwind with a good book, newspaper or record. Areas of Expertise Dividend investing ETFs Education Bachelor of Political, Economic, and Social Sciences (Government and International Relations), University of Sydney Social Media X/Twitter Favorite Investment Quote "In the short run, the market is a voting machine, but in the long run, it is a weighing machine." – Benjamin Graham

Published November 30, 2022 3:21 pm AEDT

It's been another day of gains, if tentative ones, for the S&P/ASX 200 Index (ASX: XJO) so far this Wednesday. At the time of writing, the ASX 200 is up by 0.19% to just under 7,270 points. This comes after the ASX 200 initially opened in the red this morning.

But let's dive a little deeper into these market gyrations by checking out the ASX 200 shares currently topping the share market's trading volume charts, according to investing.com.

A man strains under the weight of three heavy boxes. — Image source: Getty Images

The 3 most traded ASX 200 shares by volume this Wednesday

Telstra Group Ltd (ASX: TLS)

First up today is the ASX 200 telco Telstra. So far this Wednesday, a notable 13.18 million Telstra shares have been phoned home. There's been no new developments or announcements out of the company today. Saying that, we have seen a big drop in the value of the telco's shares today thus far.

At present, the Telstra share price is down by a nasty 1.12% at $3.955 a share. Given Telstra's relatively low share price compared to its size, this move is probably enough to elicit the volumes we are seeing.

Nearmap Ltd (ASX: NEA)

Next up today we have ASX 200 aerial mapping company Nearmap. In a rare appearance on this list, Nearmap has watched as a hefty 14.32 million of its shares have chartered their way to new owners this session. Nearmap is in the midst of a takeover offer from Thoma Bravo.

This suitor has offered to acquire Nearmap in full for a price of $2.10 a share. Nearmap shares have now climbed more than 6% over the past week to reach that takeover price today. All of this drama is probably behind the volumes we are seeing.

Pilbara Minerals Ltd (ASX: PLS)

Finally today we have ASX 200 lithium share Pilbara Minerals to discuss. So far this Wednesday a whopping 28.84 million Pilbara shares have changed owners. With this company, we haven't had any fresh news out either. However, this session has seen some rather bouncy share price moves.

Pilbara initially opened in the red this morning, sinking as low as $4.41 a share. But investors seem to have improved their outlook on the lithium leader as the day has progressed. Pilbara shares are now up a healthy 1.45% to $4.56 each. These swings have probably resulted in the high volumes we are witnessing.

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