It's been a bumpy, yet overall positive, day of trading for the S&P/ASX 200 Index (ASX: XJO) so far this Wednesday. After yesterday's rather unwelcome interest rate hike from the Reserve Bank of Australia (RBA) led to some nasty ASX 200 losses, the index is currently up by a tentative 0.09% at just under 7,140 points.
That's despite stints in both red and green territory this session.
It's now time to dive a little deeper into these market gyrations. So let's take stock of the ASX 200 shares that are topping the share market's trading volume charts at present, according to investing.com.
The 3 most traded ASX 200 shares by volume this Wednesday
Beach Energy Ltd (ASX: BPT)
First up for consideration this Wednesday is ASX 200 oil share Beach Energy. This session has had a chunky 18.9 million Beach shares change owners on the ASX so far. This high volume looks to be a consequence of the poorly-received announcement Beach made to investors this morning.
As we covered at the time, the company revealed that drill testing at its Perth Basin program has yielded some disappointing results. Investors have not taken kindly to this news, with Beach shares currently down by 7.4% at $1.32 each. No wonder so many shares are flying around.
Paladin Energy Ltd (ASX: PDN)
Next up we have ASX 200 uranium share Paladin Energy to check out. Paladin has had a decent 25.35 million of its shares exchanged on the ASX boards today. There hasn't been any fresh news out of the company today that might easily justify this volume.
However, the Paladin share price has been a little bumpy this session and has fluctuated between 64 and 68 cents a share (a difference worth 6.25%). This volatility probably explains why so many Paladin shares have been trading.
Sayona Mining Ltd (ASX: SYA)
Third and finally this Wednesday, let's take a look at ASX 200 lithium stock Sayona Mining. A hefty 64.6 million Sayona shares have been bought and sold on the share market today thus far. All has been quiet on the Sayona news front this session as well. However, that hasn't stopped Sayona from having a shaky session.
The company opened flat at 18 cents each this morning, but has been bouncing around for most of this Wednesday's trading, and is now down by a depressing 2.8% at 17.5 cents each. It looks as though this bouncy showing, as well as the loss we are currently seeing, could be to blame for the elevated volumes on display here.
