Here are the 3 most traded ASX 200 shares on Thursday

A man working in the stock exchange.A man working in the stock exchange.

The S&P/ASX 200 Index (ASX: XJO) has thrown off the shackles so far this Thursday and is decisively climbing higher.

At the time of writing, the ASX 200 has risen by a healthy 0.95% and is now back above 6,880 points.

But let’s dig deeper into these share market gains and check out the ASX 200 shares currently at the top of the market’s trading volume charts, according to

The 3 most traded ASX 200 shares by volume this Thursday

Pilbara Minerals Ltd (ASX: PLS)

Our first ASX 200 share up today is lithium stock Pilbara Minerals. This Thursday has seen a sizeable 15.87 million Pilbara shares fly around the ASX boards. This is almost certianly a result of the share price movements we have seen with the company.

At present, the Pilbara share price has risen by an eye-catching 5.45% at $2.71 a share. There hasn’t been any news from Pilbara. However, as my Fool colleague James covered earlier, broker Citi has come out with a new buy recommendation for Pilbara, complete with a 12-month share price target of $3.20. Perhaps this is playing a role too.

Lake Resources N.L. (ASX: LKE)

Another ASX 200 lithium stock in Lake Resources is our next cab off the rank this Thursday. So far, a notable 21.8 million Lake shares have been traded on the markets. We haven’t had any news out of this company during today’s trading session.

So this volume is probably a result of the decisive share price moves we have seen with this lithium stock. Lake Resources shares are presently trading at 77.2 cents each, up a pleasing 4.32% today.

Zip Co Ltd (ASX: ZIP)

Our final and most traded share today is not a lithium stock like the other two. But rather a buy now, pay later (BNPL) share in Zip Co. This Thursday has seen a whopping 54.03 million Zip shares bought and sold on the markets.

This is almost certainly the result of the massive share price moves we have once again seen with the Zip share price. Zip is currently up a jaw-dropping 19.52% at $1.482 a share, putting its gains over the past five trading days at almost 90%. It’s perhaps no wonder so many shares have been traded today.

The post Here are the 3 most traded ASX 200 shares on Thursday appeared first on The Motley Fool Australia.

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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 positions in and has recommended ZIPCOLTD FPO. 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 Scott Phillips.

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