Which ASX 200 share was the most traded on the share market today?
The post These 3 ASX 200 shares were the most heavily traded on Wednesday appeared first on The Motley Fool Australia. –
The S&P/ASX 200 Index (ASX: XJO) is having a bit of a down day on the share markets this Wednesday. At the time of writing, it looks as though the ASX 200 is set to end the trading day down 0.12% at 7,525 points. Rather than dwelling on that figure, let’s instead check out the ASX 200 shares that were the most heavily traded today.
3 heavily traded ASX 200 shares on Wednesday.
Alumina Limited (ASX: AWC)
Alumina and aluminium producer Alumina is our first ASX 200 share to check out today, with an impressive 22.65 million shares having swapped hands today. That’s despite the absence of any major news or announcements from the company today.
In saying that, we are saw some fireworks with the Alumina share price this Wednesday. AWC shares finished the day up a healthy 4.49% to $1.86 apiece. It’s probably this strong buying pressure that is resulting in such high trading volume with this company today.
Telstra Corporation Ltd (ASX: TLS)
ASX 200 telco Telstra is next up on our list today. This telco has also not given anything away today. However, the Telstra share price is also on fire (although not quite as enthusiastically as Alumina’s). Telstra shares finished the day up a robust 1.30% to $3.89 at the time of writing. This is probably why we saw a high volume of Telstra shares, specifically 21.22 million, change hands today.
Spark Infrastructure Group (ASX: SKI)
Our final and most traded ASX 200 share today is ASX renewables share Spark Infrastructure. This Wednesday saw a sizable 39.07 million Spark shares bought and sold.
Strangely, this is despite an absence of any major news or announcement out of the company. Or a major change to the Spark share price for that matter. Spark shares finished the day at $2.83 a share. However, they did dip to $2.80 earlier in the day, which might be the reason why we are seeing more shares trade than usual. Still, this is certainly a strange case to finish on!
The post These 3 ASX 200 shares were the most heavily traded on Wednesday appeared first on The Motley Fool Australia.
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Motley Fool contributor Sebastian Bowen owns shares of 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 shares of 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.