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

An office worker and his desk covered in yellow post-it notes

An office worker and his desk covered in yellow post-it notes

The S&P/ASX 200 Index (ASX: XJO) is once again climbing higher this Thursday in what is shaping up to be a very pleasing week for ASX shares. At the time of writing, the ASX 200 has added another 0.24%, putting the index at just under 7,250 points – its highest level in almost six months.

So let’s now dig a little deeper into these share market moves by having a look at the ASX 200 shares currently at the peak of the market’s trading volume charts, according to investing.com.

The 3 most traded ASX 200 shares by volume this Thursday

Whitehaven Coal Ltd (ASX: WHC)

Our first company to take a look at today is the ASX 200 coal miner Whitehaven. So far this Thursday, a sizeable 12.14 million Whitehaven shares have been dug up and sold. This is probably a consequence of the rather large share price drop Whitehaven is enduring today.

The coal miner’s shares are presently down a nasty 5.4% at $9.10 each. As we looked at earlier today, this may have been sparked by news that the CEO has sold more than $7 million worth of shares recently.

Evolution Mining Ltd (ASX: EVN)

Next up we have ASX 200 gold miner Evolution. This Thursday has had a hefty 12.47 million Evolution shares panned out of the proverbial ASX river. Evolution is having the opposite experience to Whitehaven today, with the gold miner’s shares up a pleasing 6.8% to $2.74 each.

This comes after the miner discovered a new and significant copper-gold intersection at its Ernest Henry mine in Queensland. This is almost certainly behind the high volumes we are seeing.

Core Lithium Ltd (ASX: CXO)

Our third and most traded ASX 200 share today is a frequenter of this list – Core Lithium. So far today, a notable 14.95 million of this lithium producer’s shares have been bought and sold on the ASX. Core Lithium shares have taken a pretty nasty tumble today, falling more than 2% at present to $1.42 a share.

This comes as the lithium share holds its annual general meeting today. As my Fool colleague covered this morning, Core Lithium is dropping despite some positive developments coming out of the AGM. These include a doubling of the company’s exploration budget.

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

Wondering where you should invest $1,000 right now?

When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for over ten years has provided thousands of paying members with stock picks that have doubled, tripled or even more.* Scott just revealed what he believes could be the “five best ASX stocks” for investors to buy right now. These stocks are trading at near dirt-cheap prices and Scott thinks they could be great buys right now

See The 5 Stocks
*Returns as of November 1 2022

(function() {
function setButtonColorDefaults(param, property, defaultValue) {
if( !param || !param.includes(‘#’)) {
var button = document.getElementsByClassName(“pitch-snippet”)[0].getElementsByClassName(“pitch-button”)[0];
button.style[property] = defaultValue;
}
}

setButtonColorDefaults(“#0095C8”, ‘background’, ‘#5FA85D’);
setButtonColorDefaults(“#0095C8”, ‘border-color’, ‘#43A24A’);
setButtonColorDefaults(“#fff”, ‘color’, ‘#fff’);
})()

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 Scott Phillips.

from The Motley Fool Australia https://ift.tt/a9uKhsq

Leave a Reply

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

WordPress.com Logo

You are commenting using your WordPress.com 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