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

The S&P/ASX 200 Index (ASX: XJO) has kicked off on a very pleasing run so far this Thursday, powering ahead on top of yesterday’s gains. At the time of writing, the ASX 200 has risen by a healthy 0.77%, putting the index at around 7,340 points. Today’s performance has lifted the share market to a new seven-month high.

But let’s delve deeper into this pleasing performance by taking a look at 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

Core Lithium Ltd (ASX: CXO)

First up this Thursday is the ASX 200 lithium share Core Lithium. So far today, a chunky 17.72 million Core shares have made their way across the ASX boards. There haven’t been any new announcements or news from the company itself.

So it’s probable that the volatility we’ve seen with this company’s shares today is the culprit behind this high volume. Core started out the day on a strong foot, rising as high as $1.40 a share soon after market open. But investors have since gotten cold feet and sent Core Lithium lower. It’s currently going for $1.34 a share, down by 0.6%.

South32 Ltd (ASX: S32)

Our next ASX 200 share worth checking out is the mining giant South32. This Thursday has had a meaningful 25.48 million South32 shares bought and sold thus far. With no news out from this company either, it seems we once again have a share price movement to thank for this volume we see.

And what a share price movement. South32 has rocketed by an impressive 6.84% so far this session to $4.29 a share. Higher commodity prices and a spectacular night of trading over in the US seem to be behind this enthusiasm.

Pilbara Minerals Ltd (ASX: PLS)

Our third and most-traded ASX 200 share so far today is none other than the lithium giant Pilbara Minerals. This Thursday has had a rather massive 31 million Pilbara shares swap hands as it currently stands. It looks like another share price gain is to thank for this volume.

Pilbara is joining in on the ASX 200 resources party today, albeit not quite as enthusiastically as South32. At this point of today’s session, Pilbara has gained a pleasing 2.25% to $4.76 a share, after dipping into red territory for a brief moment this morning. This gain and the preceding volatility is probably what is to thank for Pilbara topping today’s volume charts.

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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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.

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