We take a look at the most active ASX 200 shares by volume…
The post These 3 ASX 200 shares are topping the volume charts on Wednesday appeared first on The Motley Fool Australia. –
The S&P/ASX 200 Index (ASX: XJO) is having a bit of a wild day of trading on the markets this Wednesday so far. At the time of writing, the ASX 200 is pretty much flat at 7,353 points after spending most of the trading day in the red.
So let’s dig deeper and check out the ASX 200 shares topping the ASX’s share volume charts for this day’s trading session, according to investing.com.
3 most traded ASX 200 shares by volume this Wednesday
Telstra Corporation Ltd (ASX: TLS)
ASX 200 telco Telstra is our first share to check out today. So far, a hefty 11.28 million Telstra shares have been traded on the share market. There’s not much news out of the telco to speak of though. So it’s not entirely clear why this elevated volume is occurring.
It could be the result of the mild fall Telstra has experienced so far today, falling by 0.36% so far to $4.115 a share. That’s just a touch off of the new 52-week high of $4.13 we saw the company hit yesterday. Telstra’s ongoing share buybacks are probably also helping to boost this volume.
桑托斯集团 (ASX: STO)
Oil driller Santos is next up this Wednesday. This ASX 200 energy share has had a sizeable 14.2 million of its shares bought and sold so far today. Again, with no news out of the company, let’s take a look at what’s happening with the Santos share price. Santos shares are presently up a healthy 0.97% are $6.22 at the time of writing. This has probably led to the high trading volumes we are seeing.
Pilbara Minerals Ltd (ASX: PLS)
Our final and most traded ASX 200 share for today thus far is the lithium producer Pilbara Minerals. Pilbara has had a whopping 23.87 million shares change owners as it stands right now. This is almost certainly the result of the huge share price jump investors have enjoyed this Wednesday.
The company is currently up 7.17% at $2.69 a share. My Fool colleague Mitchell took a look at this jump earlier, which seems to be the result of a dramatic shift in investor sentiment. That’s given there are no developments out of the company.
The post These 3 ASX 200 shares are topping the volume charts on Wednesday appeared first on The Motley Fool Australia.
Should you invest $1,000 in Telstra right now?
Before you consider Telstra, 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 Telstra 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
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.