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

The S&P/ASX 200 Index (ASX: XJO) has cast off the optimism of the last two trading days and has recorded a heavy loss over this Thursday’s session thus far. At the time of writing, the ASX 200 has shed a hefty 1.2% and is back down to around 6,720 points.

But rather than letting that get us down, let’s instead dig a little deeper into what’s going on today, and take stock of the ASX 200 shares presently at the top of the share market’s trading volume charts, according to investing.com.

The 3 most traded ASX 200 shares by volume this Thursday

Core Lithium Ltd (ASX: CXO)

First up this Thursday is the ASX 200 lithium stock Core Lithium. This session has had a notable 21.15 million Core Lithium shares find a new home so far. There hasn’t been much in the way of news out of this company directly.

However, that hasn’t stopped Core Lithium from shedding more than 2.5% of its value to $1.35 a share thus far this session. As my Fool colleague Tony went into earlier, this fall, and trading volume, might be being influenced by electric car maker Tesla Inc (NASDAQ: TSLA)’s latest results getting released overnight.

Whitehaven Coal Ltd (ASX: WHC)

Whitehaven Coal is next up today. This ASX 200 coal miner has had a hefty 24.52 million of its shares swap hands as it currently stands. We haven’t had any news from this company today either.

But Whitehaven did release a disappointing quarterly update yesterday. This could be why the company’s shares are down by 2.66% so far this session. This is probably the cause of the high volumes we are seeing.

South32 Ltd (ASX: S32)

Last up this Thursday, we have ASX 200 mining share South32. Today has seen a sizeable 30.89 million South32 shares traded on the share market so far.

There has been a share buyback notice that could be at play here. But the more likely explanation for this elevated volume is the nasty share price drop South32 is enduring. The miner has lost a depressing 3.71% so far and is down to $3.63 a share.

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

(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(“#43B02A”, ‘background’, ‘#5FA85D’);
setButtonColorDefaults(“#43B02A”, ‘border-color’, ‘#43A24A’);
setButtonColorDefaults(“#fff”, ‘color’, ‘#fff’);
})()

More reading

• ASX dividend shares ‘likely to remain attractive’ despite rising bank deposit rates: expert
• Qantas shares: Buy, hold, or fold?
• 3 lithium ASX shares to watch after Tesla’s results
• This ASX 200 share could be 50% higher next year: expert
• Why did the Magellan share price get bashed around today?

Motley Fool contributor Sebastian Bowen has positions in Tesla. 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/9lg5ONJ