This Thursday has seen the S&P/ASX 200 Index (ASX: XJO) enjoy another day in the green. The ASX 200 finished market close at 0.48% to 7,428 points. But let’s take a look at the ASX 200 shares that topped the trading volume charts today, according to investing.com.
3 most active ASX 200 shares by volume this Thursday
Telstra Corporation Ltd (ASX: TLS)
ASX 200 telecommunications giant Telstra is our first share to check out today. Telstra saw a hefty 20.74 million of its shares swap hands today. There are no major news or announcements out of Telstra this Thursday, so we can probably put this elevated trading volume down to the gyrations of the Telstra share price today.
Telstra shares finished the day up 0.77% at $3.93 each, but went as high as $3.97 in the morning. This, perhaps together with Telstra’s Department of Defence contract renewal the telco announced yesterday, is what’s behind this high volume we see.
Incitec Pivot Ltd (ASX: IPL)
ASX 200 fertiliser and explosives manufacturer Incitec Pivot makes a rare appearance on this list today, with a sizeable 18.14 million IPL shares having been traded on the markets.
This is a rather strange situation because there have also been no major news or announcements out of this company, and its share price didn’t do anything too dramatic today. Incitec shares finished the day up by 0.32% to $3.11, with an intra-da range of $3.09 to $3.15 a share. Nevertheless, we still see some elevated trading volumes here, so go figure.
Tyro Payments Ltd (ASX: TYR)
Another rare appearance, Tyro Payments makes the cut today in first place amongst ASX 200 trading volumes. A whopping 23.67 million Tyro shares have found a new home today. This may be the result of the nasty 4.35% drop this company has seen this Thursday to $3.30 a share.
But the soul-crushing 18% drop this company has seen over the week so far might also be playing a role here. As my Fool colleague Tristan covered at the time, this drop can be put down to the company’s annual general meeting yesterday, where Tyro discussed its current business conditions.
The post Here are the 3 most heavily traded ASX 200 shares on Thursday appeared first on The Motley Fool Australia.
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More reading
- Here are the top 10 ASX shares today
- These were the 5 best performing ASX retail shares in October
- Why the Amcor (ASX:AMC) share price is outperforming today
- ASX 200 (ASX:XJO) midday update: Zip’s record month, Domino’s crashes
- What’s going on with the Federal Reserve and how might it impact ASX shares?
Motley Fool contributor Sebastian Bowen owns shares of Telstra Corporation Limited. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of and has recommended Tyro Payments. The Motley Fool Australia owns shares of and has recommended Telstra Corporation Limited. The Motley Fool Australia has recommended Tyro Payments. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.
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