The S&P/ASX 200 Index (ASX: XJO) is again powering ahead in another day of green so far this Thursday. At the time of writing, the ASX 200 is up by a solid 0.23% at just over 7,500 points.
But let’s delve a little deeper into these gains and take a look at the ASX 200 shares topping the market’s trading volume charts, according to investing.com.
The 3 most traded ASX 200 shares by volume on Thursday
Telstra Corporation Ltd (ASX: TLS)
Telstra is our first ASX 200 share up this Thursday. The telco has had a hefty 15.7 million shares swap owners so far today. We haven’t had any news out of the company today, noting the announcement yesterday of current CEO Andy Penn’s retirement.
However, the Telstra share price is experiencing a strong day of gains so far. It’s currently up by 1.41% at $3.96. It’s likely that this push upward is responsible for Telstra’s elevated share trading that we are seeing.
Nickel Mines Ltd (ASX: NIC)
Nickel Mines is our next ASX 200 share up today. This nickel miner has seen a sizeable 16.68 million of its own shares bought and sold on the markets as it now stands. There has been no major news out of Nickel Mines that might explain this volume.
However, looking at the Nickel Mines share price, the picture arguably becomes clearer. Nickel Mines is currently in the red, down by 0.63% at $1.26. However, it initially spent some time in green territory earlier today, rising as high as $1.28 a share. Thus, it is possible that this volatility is behind this high trading volume.
AVZ Minerals Ltd (ASX: AVZ)
Another ASX 200 resources share AVZ is our third and final share to check out today. This Thursday has seen a whopping 26.77 million shares swap hands as it currently stands. Again, we seem to have a big share price move to thank for this volume.
Fortunately, it’s going in the opposite direction to Nickel Mines, with the AVZ share price currently up a pleasing 3.73% at $1.25 a share after touching a new all-time high of $1.26 earlier this afternoon.
The post Here are the 3 most heavily traded ASX 200 shares this Thursday appeared first on The Motley Fool Australia.
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More reading
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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.
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