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

The S&P/ASX 200 Index (ASX: XJO) seems to be running out of steam. The index is once again in the red today, and far more savagely than yesterday’s falls. At the time of writing, the ASX 200 has lost a nasty 1.6% back to under 6,880 points.

But let’s not dwell too long on those sobering statistics. So instead, let’s take a look at the ASX shares presently making the top of the ASX 200’s share trading volume charts, according to investing.com.

The 3 most traded ASX 200 shares by volume this Thursday

Telstra Corproation Ltd (ASX: TLS)

The first cab off the rank today is the ASX 200 telco Telstra. So far this Thursday, a sizeable 13.75 million Telstra shares have been dialled in. We haven’t seen too much out of Telstra today, apart from some routine paperwork. But the telco’s share price has displayed some wild volatility.

Telstra shares have spent most of the trading day in the red. But after dipping as low as $3.91 a share earlier this morning, the company is presently sitting flat at $3.97 a share. It’s probably this bouncing around that has sparked so many shares trading today.

Core Lithium Ltd (ASX: CXO)

ASX 200 lithium share Core Lithium is next up. As it currently stands, a hefty 15.56 million Core Lithium shares have traded hands today. Again, we haven’t heard anything from the company itself. But Core Lithium has also seem some rather wild share price action.    

This morning saw the lithium share open in the red before shooting up to $1.44 a share, a gain of almost 3%. But investors seem to have changed their minds again about this company, and Core Lithium is presently back down to $1.37 a share, a loss of 2.36%. Again, this is the likely source of the elevated volumes we are seeing.   

Pilbara Minerals Ltd (ASX: PLS)

Another ASX 200 lithium stock rounds out our list today in the form of Pilbara Minerals. This Thursday has seen a hefty 19.58 million Pilbara shares bought and sold on the markets. This looks like a similar situation to Core Lithium. Investors just don’t seem to know what to do with this company’s share price today.

Pilbara has been skipping with the breakeven line all day, with multiple stints in both positive and negative territory over the present session. Right now, the company has sunk to $3.64 a share, down by 0.27%. Again, it looks like we have volatility to thank for these volumes.  

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

• The Pilbara Minerals share price surged 30% in August. What now?
• How did the Core Lithium share price perform in August?
• How I’d invest $20,000 in ASX shares today if I had to start from scratch
• These were the best performers on the ASX 200 in August
• Top ASX shares to buy in September 2022

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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