These 3 ASX 200 shares are topping the volume charts this Thursday

a group of three people carry a large block to line it up in ascending order with two other blocks nearby.

The S&P/ASX 200 Index (ASX: XJO) is enjoying a relatively positive day of share market trading so far this Thursday. At the time of writing, the ASX 200 is up a reasonable 0.22% at 7,381 points.

But let’s dive a little deeper and examine the ASX 200 shares currently topping the market’s share volume charts, according to

3 most traded ASX 200 shares by volume on Thursday

Bega Cheese Ltd (ASX: BGA)

ASX 200 food company Bega Cheese is our first share to check out today. Bega has seen a notable 7.94 million of its shares traded on the markets so far. This is almost certainly a consequence of the nasty 10% drop the Bega Cheese share price has suffered thorugh this Thursday. As we covered earlier today, this relates to a trading update the dairy compnay gave to investors. Lower guidance for FY2022 appears to be the reason investors are hitting the sell button here.

Sydney Airport (ASX: SYD)

Sydney Airport is next up today. This ASX 200 infrastructure giant has had a hefty 12.75 million shares traded on the markets thus far this Thursday. The Sydney Airport share price hasn’t done anything too dramatic today.

It’s currently up just 0.06% at $8.68. However, the ongoing takeover process that Sydney Airport is currently undertaking might have something to do with this volume. Yesterday, we got the news that the Foreign Investment Review Board has given the takeover the green light, so that might be assisting today’s volumes.

Pilbara Minerals Ltd (ASX: PLS)

Pilbara Minerals is our final and most traded share this Thursday. This ASX 200 lithium producer has had a sizeable 15.98 million shares find a new home today. There’s been no major news or announcements out of Pilbara so far.

However, this high volume might be the result of the movements of the Pilbara share price itself. At present, Pilbara shares are trading at $2.81 each, up a healthy 2.93%, after hitting a new all-time high of $2.84 earlier this morning. This rise is likely why there have been so many shares bouncing around the markets today.

The post These 3 ASX 200 shares are topping the volume charts this Thursday appeared first on The Motley Fool Australia.

Should you invest $1,000 in Sydney Airport right now?

Before you consider Sydney Airport, 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 Sydney Airport 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

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

from The Motley Fool Australia

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s