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

The S&P/ASX 200 Index (ASX: XJO) has had a bouncy, yet positive, day of trading so far during this Thursday’s session. At the time of writing, the ASX 200 has risen a healthy 0.42% to just over 6,620 points after nearly dropping back into the red just before lunchtime.

But rather than trying to figure all of that out, let’s instead take a deeper dive into the shares that are currently topping the ASX 200’s share volume charts today, according to investing.com.

The 3 most traded ASX 200 shares by volume this Thursday

Zip Co Ltd (ASX: ZIP)

ASX 200 buy now, pay later (BNPL) share Zip is our first company to take a look at today. So far this Thursday, a hefty 9.28 million Zip shares have been bought. That’s despite no news out of Zip so far during this trading session.

However, as we covered this morning, that hasn’t stopped the Zip share price from taking a hammering today. The BNPL share is presently down a nasty 7.82% at 53 cents a share. This may have been caused by the bearish note out of broker UBS this morning, rating Zip shares as a “sell”. 

Santos Ltd (ASX: STO)

Santos is our next cab off the rank today. This ASX 200 oil share has had a sizeable 11.67 million shares swap hands as it currently stands. There hasn’t been any major news or announcements out of this energy share. 

So we can probably blame this high volume on the weighty sell-off we’ve seen with Santos today. The company is now down by 1.78% at $6.90 a share. That puts the company’s losses over the past trading week at more than 5.8%. 

South32 Ltd (ASX: S32)

Finally today, we have ASX 200 miner South32 as our most traded share. This Thursday has seen a notable 16.68 million South32 shares trade on the share market thus far. Fortunately for investors, South32 is having the opposite problem to Santos. 

Its shares are on fire today, presently up a pleasing 4.4% to $3.86 each. There’s been no news out of the miner, but most miners are doing well on the market today amid a recovery in commodity prices overnight.     

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

• Is now the time to be buying beaten down ASX 200 mining shares?
• Why Block, Bubs, Infomedia, and Zip shares are dropping
• These ASX 200 mining shares are bouncing back on Thursday
• Zip share price cops 6% slashing as analyst fears grow
• ASX 200 midday update: Chalice Mining jumps, Zip sinks on bearish broker note

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 positions in and has recommended ZIPCOLTD FPO. 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.

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