The S&P/ASX 200 Index (ASX: XJO) has continued its poor form of the week so far this Thursday. At the time of writing, the ASX 200 has lost another 0.64% and is now trading at just under 7,450 points.
So let’s look at something different and take a glance at which shares are sitting atop the ASX 200’s share volume charts, according to investing.com.
The 3 most traded ASX 200 shares by volume this Thursday
Telstra Corporation Ltd (ASX: TLS)
ASX 200 telco Telstra is our first cab off the rank today. Telstra has had a notable 12.11 million shares swap hands as it currently stands on the markets. This telecommunications company seems to be defying the mood of the broader market and is currently up 0.9% at $3.97 a share. The company is also continuing to regularly buy back its own shares. This is probably why Telstra is appearing on this list today.
Paladin Energy Ltd (ASX: PDN)
Paladin Energy is next up today. This ASX 200 uranium share has watched as 24.39 million of its shares have found a new home thus far. Yesterday, Paladin announced the completion of a $200 million share purchase plan, which saw the company’s share price drop at the time. However, today, investors seem to have had a change of heart. Paladin shares are now up by 4.2% at 81 cents apiece. This is probably the source of this elevated trading volume.
AVZ Minerals Ltd (ASX: AVZ)
AVZ Minerals is our third and final share to check out today. This ASX 200 lithium hopeful has had a whopping 31.88 million shares bought and sold on the markets thus far. Again, there has been no major news or announcements out of this company today. So we can probably attribute this volume down to the share price fall AVZ has endured over today’s trading. The AVZ Minerals share price is currently down by 2.62% at $1.12.
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
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- 5 things to watch on the ASX 200 on Thursday
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Motley Fool contributor Sebastian Bowen owns 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 owns 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 Bruce Jackson.
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