Here are the 3 most traded ASX 200 shares on Thursday

Well, it was a top week for the S&P/ASX 200 Index (ASX: XJO) until today. The ASX 200 has taken its lead from the US markets overnight and is having a dreadful day of trading this Thursday so far.

At the time of writing, the ASX 200 has plunged by a nasty 1.77%, putting the index back to around 6,860 points.

But rather than dwelling on all of that, let’s instead check out the shares currently topping the ASX 200’s share trading volume charts, according to investing.com.

The 3 most traded ASX 200 shares by volume this Thursday

South32 Ltd (ASX: S32)

Our first ASX 200 share worth checking out today is mining giant South32. We’ve seen a notable 10.97 million South32 shares exchanged on the markets so far this Thursday. There’s been no news from the company itself today.

However, the South32 share price looks to have been caught up in the market’s foul mood regardless. The miner has lost a painful 3.16% today and is down to $3.68 a share at present. This has probably elicited the high volumes we are seeing.

Core Lithium Ltd (ASX: CXO)

Next up this Thursday is ASX 200 lithium share Core Lithium. So far this session, a hot 17.18 million Core Lithium shares have been traded on the share market. Core Lithium is another share that has had a very bouncy day. The company plunged as low as $1.32 a share this morning, but has recovered somewhat in the later half of the trading day.

Even so, the company remains down by 2.87% at $1.36 a share. It’s almost certainly this steep fall that has caused the trading volumes we are seeing.

Pilbara Minerals Ltd (ASX: PLS)

Finally this Thursday we have another ASX 200 lithium company in Pilbara minerals. Pilbara has seen a sizeable 17.7 million shares bought and sold on the ASX today so far. Again, it seems some volatile share price action is what is to thank for this elevated volume.

Pilbara shares also plunged in value this morning, going as low as $4.89 a share. But, just like Core, investors seem to have gotten cold feet with these losses, and Pilbara shares have bounced back to $5.05 a share at present, down 1% for the session.

The post Here are the 3 most 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

• Why is the BetaShares Nasdaq 100 ETF taking a thrashing today?
• 3 ASX 200 directors buying up their company shares this week
• Why is the Core Lithium share price tanking 3% today?
• Perpetual share price surges 9% on new takeover bid
• Coles shares underperformed the market last month. What’s next?

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 Scott Phillips.

from The Motley Fool Australia https://ift.tt/VlbsIxk