We take a look at the most traded ASX 200 shares by volume today.
The post Here are the 3 most heavily traded ASX 200 shares on Wednesday appeared first on The Motley Fool Australia. –
The S&P/ASX 200 Index (ASX: XJO) is backing up yesterday’s savage selloff with another day in the red so far this Wednesday. At the time of writing, the ASX 200 has fallen by another 0.74% and is now at just under 7,270 points.
But rather than letting that get us down, let’s instead take a look at the ASX 200 shares currently topping the market’s share volume charts, according to investing.com.
The 3 most-traded ASX 200 shares by volume this Wednesday
Pilbara Minerals Ltd (ASX: PLS)
ASX 200 lithium producer Pilbara Minerals is our first company to take a look at today. So far, a notable 26.18 million Pilbara shares have been bought and sold on the markets. This elevated volume doesn’t seem to be a result of anything out of the company itself. So we can assume that it is the movements of the Pilbara share price itself that is the root cause here. Pilbara has had a dreary day of trading this Wednesday. It’s currently down by 2.44% at $2.60 a share.
AVZ Minerals Ltd (ASX: AVZ)
Another ASX 200 lithium share is next up with AVZ Minerals. We have seen a sizeable 26.72 million AVZ shares change hands on the markets as it currently stands. Again, there are no major developments out of the company itself, so it seems like we have another share price movement to thank for this high trading volume. And lo and behold, the AVZ share price has indeed made a big move today. The company is currently down by a nasty 4.72% at $1.01 a share right now.
Liontown Resources Ltd (ASX: LTR)
Our final and most traded share of the day is none other than a fellow ASX 200 lithium stock in Liontown Resources. So far today, a whopping 27.39 million Liontown shares have found a new home on the ASX. Once more, it appears as though Liontown’s share price fall is to thank for this elevated volume. The company hasn’t suffered as much as AVZ. But the Liontown share price is still underwater by 2.4% so far today at $1.41 a share.
The post Here are the 3 most heavily traded ASX 200 shares on Wednesday appeared first on The Motley Fool Australia.
Wondering where you should invest $1,000 right now?
When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for over ten years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*
Scott just revealed what he believes could be the five best ASX stocks for investors to buy right now. These stocks are trading at near dirt-cheap prices and Scott thinks they could be great buys right now.
*Returns as of January 12th 2022
Motley Fool contributor Sebastian Bowen has no position in any of the stocks mentioned. 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 no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.