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

A lithium share is our most traded company on the ASX 200 today.

| More on:
An office worker and his desk covered in yellow post-it notes

Image source: Getty Images

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

The S&P/ASX 200 Index (ASX: XJO) is finally back in the green this Wednesday after a rough couple of trading days. At the time of writing, the ASX 200 has gained a healthy 0.52% and is just under 7,000 points.

So let's now delve deeper into these gains by checking out the shares currently topping the ASX 200's share trading volume charts, according to investing.com.

The 3 most traded ASX 200 shares by volume this Wednesday

Telstra Corporation Ltd (ASX: TLS)

First up today is ASX 200 blue chip telco Telstra. So far this Wednesday, a notable 13.9 million Telstra shares have been bought and sold on the share market. This is probably a consequence of the nasty 2.2% drop that the company has endured so far during today's session.

However, that drop is not as bad as you might think, being a consequence of the telco trading ex-dividend for its upcoming final dividend payment of 8.5 cents per share.

EML Payments Ltd (ASX: EML)

Next up we have ASX 200 payments share EML. So far this Wednesday, a sizeable 22.71 million EML shares have found a new home. Sadly for investors, this looks to be a byproduct of the company's nasty share price fall that we have seen.

As we dug into earlier this afternoon, investors are fleeing the company after EML revealed that it has identified fraudulent activity within its Sentenial business. With EML shares down by 11.56% to 88 cents each, it's perhaps no wonder so many shares are trading hands.

Pilbara Minerals Ltd (ASX: PLS)

Last up today is ASX 200 lithium stock Pilbara Minerals. This Wednesday has seen a whopping 35.06 million Pilbara shares trade on the share market thus far. Fortunately for investors, this seems to be the result of a positive share price swing.

Pilbara shares have gained a pleasing 5.96% so far today to $3.46 a share. There's been no news out of the company during the current session. But investors have been flocking to PiIblaa shares ever since the company dropped its FY2022 earnings report yesterday.

Motley Fool contributor Sebastian Bowen has positions in Telstra Corporation Limited. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended EML Payments. The Motley Fool Australia has positions in and has recommended EML Payments and Telstra Corporation Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

More on Share Market News

Animation of a man measuring a percentage sign, symbolising rising interest rates.
Share Market News

Here's when Westpac says the RBA will now cut interest rates

Will borrowers need to wait until the middle of next year for relief? Let's find out.

Read more »

Boys making faces and flexing.
Opinions

3 ASX 300 shares to buy and hold for the long run

I believe these stocks have loads of growth potential.

Read more »

Young girl drinking milk showing off muscles.
Share Gainers

Here are the top 10 ASX 200 shares today

It was a great end to the trading week for ASX investors today.

Read more »

Hands reaching high for a trophy with a sunset in the background.
Record Highs

The ASX 200 Index is on its way to another all-time high today. Here's why

These blue chip stocks are driving the index towards a new record today...

Read more »

Group of friends trading stocks on their phones. symbolising the 3 most traded ASX 200 shares today
Share Market News

3 ASX mining stocks topping the most-traded list in October

Chinese stimulus news and company announcements likely contributed to the higher trading activity.

Read more »

A man sits thoughtfully on the couch with a laptop on his lap.
Share Gainers

3 ASX 200 stocks smashing the benchmark this week

These three ASX 200 stocks are leading the charge this week. Here’s how.

Read more »

Two people tired and resting after sports race.
Broker Notes

Fundie rates 2 ASX 200 stocks in short-term pain but with long-term gain potential

Blackwattle Investment Partners sees these 2 ASX 200 stocks as worthy of a buy and hold strategy.

Read more »

A young woman holding her phone smiles broadly and looks excited, after receiving good news.
Share Gainers

Why A2 Milk, EOS, GQG, and Mineral Resources shares are racing higher today

These shares are ending the week strongly. But why?

Read more »