It's been a bouncy, but overall positive day for the S&P/ASX 200 Index (ASX: XJO) so far today. This Tuesday initially saw the ASX 200 dip into red territory, but the latest inflation data seems to have given investors a second wind. At the time of writing, the Index has risen by 0.17% to back over 7,040 points.
So let's now delve deeper into this tentative rise by having a look at the ASX 200 shares that are topping the share market's trading volume charts right now, according to investing.com.
The 3 most traded ASX 200 shares by volume this Wednesday
Sayona Mining Ltd (ASX: SYA)
First up this Wednesday is the ASX 200 lithium share Sayona Mining. This session has had a notable 26.9 million Sayona shares find a new home at this point. There hasn't been any fresh news out of Sayona today. So this volume is probably a byproduct of the movements of the company's shares themselves today.
Indeed, Sayona has had a bit of a wild session. This lithium stock is currently flat at 20 cents a share but was as high as 22 cents earlier today (up 5% at the time). No wonder so many shares have been flying around.
Liontown Resources Ltd (ASX: LTR)
Another ASX 200 lithium miner in Liontown is next up this Wednesday. So far during today's trading, a hefty 30.3 million Liontown shares have been delivered to a new address. It's all been quiet on the Liontown news front as well today, but investors seem to still be in a good mood following yesterday's takeover news.
After rocketing nearly 70% during Tuesday's session, Liontown shares are up another 0.19% today to $2.58 a share. These factors are probably why we are seeing so many shares trading.
Pilbara Minerals Ltd (ASX: PLS)
Finally today we have yet another ASX 200 lithium stock in Pilbara Minerals. This Wednesday has seen a chunky 33.94 million Pilbara shares bought and sold at this point of trading. We have seen some news out of Pilbara today.
As my Fool colleague broke down this morning, Pilbara announced that it has approved a new capital investment for its P1000 Project. The company hopes this investment will allow it to increase lithium spodumene by 320,000 tonnes per annum. Perhaps in response, Pilbara shares have risen by a healthy 286% today to $3.96 each. These two actors are the likely cause of this elevated volume.
