The S&P/ASX 200 Index (ASX: XJO) is enjoying another happy day of gains so far on Thursday after yesterday’s change in sentiment. At the time of writing, the ASX 200 is up by a pleasing 1.29% at just under 7,150 points.
But let’s dig a little deeper and check out the ASX 200 shares that are currently at the top of the market’s share trading volume charts, according to investing.com.
The 3 most traded ASX 200 shares by volume this Thursday
Incitec Pivot Ltd (ASX: IPL)
Chemicals and fertilizer manufacturer Incitec Pivot is our first ASX 200 share to check out today. So far, a notable 24.18 million Incitec shares have been traded on the share markets as it currently stands. There’s been no news out of the company itself recently. However, the Incitec share price has also risen strongly and is currently up 1.7% at $3.62 a share. It seems this rise is what is likely behind this elevated trading volume we see, perhaps helped along by a new broker recommendation.
Paladin Energy Ltd (ASX: PDN)
It seems ASX 200 uranium miner Paladin is never far from the headlines these days, and this Thursday is no different. Presently, a substantial 42.8 million Paladin shares have flown around the ASX. Again, we have a combination of a new broker rec for Paladin, along with a (in this case) massive share price jump. Paladin is currently up by close to 15% at 88 cents a share.
Nickel Mines Ltd (ASX: NIC)
Our final and most traded ASX 200 share today is Nickel Mines, and by a mile too. This Thursday has seen a whopping 80.94 million Nickel Mines shares bought and sold. Unfortunately for investors, it seems this has resulted from the opposite situation to Paladin. Nickel Mines shares are currently down a nasty 14.23% at $1.20 a share. This, once again, appears to have been sparked by a broker recommendation.
The post These 3 ASX 200 shares are topping the volume charts on Thursday appeared first on The Motley Fool Australia.
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More reading
- Why Newcrest, Nickel Mines, Rio Tinto, and Woodside shares are dropping today
- Why are ASX uranium shares having such a stellar day?
- Why Block, Myer, Paladin Energy, and Qantas shares are storming higher
- ASX 200 (ASX:XJO) midday update: Rio Tinto goes ex-div, tech and travel shares rebound
- Warning: Only 4 ASX shares just added to ASX 300 are profitable
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 Bruce Jackson.
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