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

blue arrows representing a rising share price ASX 200

blue arrows representing a rising share price ASX 200

It’s another day, another fall so far this Thursday for the S&P/ASX 200 Index (ASX: XJO). At the time of writing, the ASX 200 is down by another 1.67% to back well under 7,000 points.

But instead of dwelling on that sobering metric, let’s instead take a look at the shares currently topping the ASX 200’s share volume charts, according to investing.com.

The 3 most traded ASX 200 shares by volume this Thursday

Whitehaven Coal Ltd (ASX: WHC)

ASX 200 coal miner Whitehaven is our first share to check out this Thursday. So far today, a sizeable 13.13 million Whitehaven shares have found a new home. There hasn’t been any major news out of the company today, save for a routine share buyback notice. However, this company has endured some significant volatility.

Initially, Whitehaven shares rose strongly this morning, going as high as $5.11 a share. However, investors seem to have gotten cold feet and have subsequently re-valued the company at $4.91 a share at the time of writing, down 1.41%. It’s this bouncing around that has probably led to so many Whitehaven shares trading today.

Telstra Corporation Ltd (ASX: TLS)

Telstra is our next ASX 200 share to take a glance at today. This telco has had a notable 16.23 million shares trade on the markets thus far. Again, we don’t have too much out of Telstra itself today to go off, save for some share buyback notices. This could be contributing to volumes itself. But it’s probably Telstra’s not-insignificant fall that is behind most of this trading. Telstra is currently down by 1.15% at $3.86 a share. That puts the company’s 2022 performance thus far at a depressing loss of 8.4%.

Pilbara Minerals Ltd (ASX: PLS)

From TLS to PLS! Pilbara Minerals is our final and most traded share of the day this Thursday. This ASX 200 lithium stock has had 18.66 million of its shares trade hands as it currently stands. We haven’t had any news out of Pilbara today, indeed all month. So we have to assume that this volume is the result of the nasty selloff Pilbara has suffered through. The company is currently down another painful 5.73% at $2.47 a share. That puts Pilbara’s losses over the past month at a whopping 16.5%.

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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Motley Fool contributor Sebastian Bowen has positions in 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 has positions in 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 Scott Phillips.

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