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

Volatility seems to be driving ASX trading volumes this Wednesday…

| More on:
a man sits at a computer amid piles of papers to each side and behind him

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

It's turning out to be another rather lacklustre day for ASX shares and the S&P/ASX 200 Index (ASX: XJO) so far this Wednesday.

After a weak showing yesterday, the ASX 200 is back in the red zone again this session, currently down 0.02% at just over 7,384 points. That's despite the ASX 200 being in the green for most of the morning. So let's see where it ends up.

But rather than trying to figure all of that out, let's instead take a gander at the shares presently at the top of the ASX 200's share trading volume charts, according to investing.com.

The 3 most traded ASX 200 shares by volume this Wednesday

Core Lithium Ltd (ASX: CXO)

First up today is the ASX 200 lithium stock Core Lithium. This Wednesday has seen a decent 19.82 million Core shares find a new owner on the share market thus far. This is almost certainly the result of the sizeable share price jump we've seen with Core shares today.

The lithium producer is currently up a solid 3.63% at $1.057 a share after climbing as high as $1.08 earlier this afternoon. My Fool colleague covered why Core shares are so in demand today earlier, but it looks like this big rise is to thank for the high volumes we are witnessing.

Telstra Group Ltd (ASX: TLS)

The next ASX 200 share up today is the telco Telstra. This Wednesday has seen a weighty 21.01 million Telstra shares change hands as it currently stands. We haven't heard much in the way of news or announcements out of Telstra today. Or indeed this year so far.

So this volume is probably a byproduct of the volatility we have seen in the telco's shares this session. Telstra is currently 0.12% in the green at $4.095 a share. But the share price hit a high of $4.12 in early morning trading before dropping this afternoon.

Pilbara Minerals Ltd (ASX: PLS)

Another ASX 200 lithium share rounds out our list today with Pilbara Minerals. A whopping 34.04 million Pilbara shares have been bought and sold on the ASX so far this Wednesday.

Unlike Core Lithium, Pilbara shares have been shunned by investors this session. The company has lost a rather painful 1.23% of its value so far today, putting the company at $4.02 a share.

Again, we've seen some volatility with Pilbara today, with stints in both positive and negative territory and a day range of $3.94 to $4.12 a share. This is probably what has elicited the high volume numbers on display.

Motley Fool contributor Sebastian Bowen has positions in Telstra Group. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has positions in and has recommended Telstra Group. 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 happy young couple lie on a wooden deck using a skateboard for a pillow.
Share Gainers

These were the best-performing ASX 200 shares in March

These shares made their shareholders smile in March thanks to some very big gains.

Read more »

Businessman using a digital tablet with a graphical chart, symbolising the stock market.
Opinions

2 ASX shares I have been buying in 2024!

I’m a believer in the long-term outlook of these stocks.

Read more »

Stock market chart in green with a rising arrow symbolising a rising share price.
Share Gainers

Here are the top 10 ASX 200 shares today

It was a massive day for the ASX 200, with a new all-time high recorded.

Read more »

A man sits thoughtfully on the couch with a laptop on his lap.
Technology Shares

This ASX tech stock rocketed 60% in March! Can it keep on delivering?

After soaring in March, the ASX tech stock is now up 169% since this time last year.

Read more »

Broker Notes

Brokers name 3 ASX shares to buy now

Here's why brokers are feeling bullish about these three shares this week.

Read more »

A young man clasps his hand to his head with his eyes closed and a pained expression on his face as he clasps a laptop computer in front of him, seemingly learning of bad news or a poor investment.
Share Fallers

Why Burgundy Diamond Mines, Clarity Pharmaceuticals, EML, and Zip are sinking today

These ASX shares are ending the week in the red. But why?

Read more »

A young women pumps her fists in excitement after seeing some good news on her laptop.
Share Gainers

Why Mesoblast, Newmont, Pilbara Minerals, and Platinum shares are jumping

These ASX shares are ending the week strongly. But why?

Read more »

a young boy dressed up in a business suit and tie has a cute grin and holds two fingers up.
Opinions

2 of my top ASX 200 shares to consider buying before April

I would happily exchange dollars for these two shares right now.

Read more »