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

The S&P/ASX 200 Index (ASX: XJO) has recovered from some early wobbles and is pushing higher so far during this Thursday’s trading session.

At the time of writing, the ASX 200 is well back over 7,400 points, recording a gain of 0.61% at present to just under 7,440 points.

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

The 3 most traded ASX 200 shares by volume this Thursday

Telstra Group Ltd (ASX: TLS)

ASX 200 telco Telstra is our first share worth taking a gander at today. The telecommunications giant has had a sizeable 17.7 million of its shares rung up for sale this session thus far. We’ve had no fresh news out of Telstra for a while now. So we can probably put this volume down to the actions of the Telstra share price itself.

Telstra is currently up a meaty 1.47% at $4.15 a share, well outdoing the performance of the broader market. The company touched a high of $4.16 earlier today as well. That is starting to put the company’s 52-week high of $4.27 in reach.

Nickel Industries Ltd (ASX: NIC)

ASX 200 nickel producer Nickel Industries is our next share to take a look at. So far this session, a notable 19.54 million shares have changed hands. This looks to be a consequence of Nickel Industries shares returning to market after a trading halt this week.

This was held in order to facilitate a capital raising from institutional investors, conducted at $1.02 per share. Nickel Industries shares have fallen to around that level today, with the company nursing a nasty 8.3% loss at present to $1.03 a share. This is probably the cause of the high volumes we see.

Alumina Limited (ASX: AWC)

ASX 200 aluminium and alumina producer Alumina is our final and most traded share of the day so far. Alumina has watched as a hefty 22.85 million of its shares have been traded this Thursday so far. This is almost certainly a result of the disappointing results Alumina released covering the December quarter.

As my Fool colleague Bronwyn covered earlier today, this was the company’s post earnings of $27 million, down from the $69 million that was made during the previous quarter. Investors have been disappointed with these numbers, and have sent Alumina shares down by a depressing 8.12% to $1.56 a share.

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 Group. 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 Group. 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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