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

We take a look at the most active ASX 200 shares by volume…
The post Here are the 3 most heavily traded ASX 200 shares this Wednesday appeared first on The Motley Fool Australia. –

The S&P/ASX 200 Index (ASX: XJO) is having a pleasant time in the sun so far this Wednesday. At the time of writing, the ASX 200 is up a robust 0.68% at 7,440 points.

So let’s dig deeper and take a look at the ASX shares currently topping the ASX’s share trading volumes, according to

3 most traded ASX 200 shares by volume on Wednesday

Telstra Corporaiton Ltd (ASX: TLS)

ASX 200 telco Telstra is first up this Wednesday. This telecommunications and internet giant has had a hefty 13.81 million of its shares trade hands so far today. However, there hasn’t been much in the way of news or announcements out of this company today.

Therefore, we can probably put this volume down to the movements of the Telstra share price itself. At the time of writing, Telstra shares are up a very pleasing 2.2% to $4.19 after going as high as $4.20 earlier this afternoon. This is the likely reason why so many Telstra shares have been traded today.

Pilbara Minerals Ltd (ASX: PLS)

Pilbara Mienrals is next up today. This ASX 200 lithium producer has had a sizeable 18.99 million if its shares change hands as it presently stands. Again, there isn’t much going on with Pilbara today in an official capacity. However, we have also seen a decisive move with the Pilbara share price.

At present, Pilbara shares are up a happy 1.7% so far at $3.58. However, this company touched a new all-time high of $3.65 a share earlier today. It’s this strong push upwards that is the likely smoking gun for this high ASX 200 volume this Wednesday.

Liontown Resources Limited (ASX: LTR)

Last but certainly not least in terms of trading volume, we have Liontown Resources. This ASX 200 lithium explorer has watched 20.23 million of its shares find a new home so far today. We don’t have to look too far for this one though. Liontown has had a fantastic day of trading this Wednesday.

The shares are presently up a healthy 6.13% at $1.645 each after hitting $1.75 (up 13%) earlier this morning. As my Fool colleague James discussed at the time, this seems to be related to the announcement this morning that Liontown has signed a major agreement with leading battery manufacturer LG Energy Solution.

The post Here are the 3 most heavily traded ASX 200 shares this Wednesday appeared first on The Motley Fool Australia.

Should you invest $1,000 in Liontown Resources right now?

Before you consider Liontown Resources, you’ll want to hear this.

Motley Fool Investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Liontown Resources wasn’t one of them.

The online investing service he’s run for nearly a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.* And right now, Scott thinks there are 5 stocks that are better buys.

*Returns as of August 16th 2021

More reading

Pilbara Minerals (ASX:PLS) share price hits record high as Citi says ‘too early to sell’

The best and worst ASX sectors of 2021. Why this year could be different

Here are the 5 best performing ASX ETFs of 2021

Why Afterpay, Appen, Liontown, and Nickel Mines shares are surging higher

Is the Telstra (ASX:TLS) dividend going to grow in 2022?

Motley Fool contributor Sebastian Bowen owns Telstra Corporation Limited. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia owns and has recommended Telstra Corporation Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

Trade The World Anywhere & Anytime!

Mobile app platform with over 50,000 global listed securities across 12 markets (over 70% global market capitalisation), right from your Android or iOS device.

Integrated with exclusive trading idea and investment analysis tools to help you find actionable insight on virtually every financial instrument across our 12 global markets, to help you optimise your trading strategies.

Refer Your Friends

Tell your friends about Monex and gift them FREE access to our trading tools.

We respect your privacy and will only send this one email notification to your friends. 

Share With Your Friends

Share on facebook
Share on twitter
Share on linkedin

Monex Trading Tools Access and Usage Terms

The Monex Trading Tools (referred to as ‘tools’ hereafter) are available to you inside your client portal;

To activate access to the tools, you must have a verified and approved trading account and have made a deposit of at least AUD $1000.

An active and funded account with a positive trading balance is required to continue to have access to the tools;

Although the tools are available to you indefinitely, Monex Securities may at it’s discretion disable access to the tools in the future;

Monex securities reserves the right to change these terms and conditions from time to time, as it sees fit, without notice.

Important Notice
iOS & Android App - 12 International Markets & Over 70% Global Market Cap. $0 Brokerage On US Trades. Click Here!