Which ASX 200 share was the most heavily traded today?
The post Here are 3 of the heaviest trading ASX 200 shares this Thursday appeared first on The Motley Fool Australia. –
The S&P/ASX 200 Index (ASX: XJO) has finished this Thursday in the red. At market close, the ASX 200 is down 0.5% to 7,464.6 points. But instead of dwelling on that number, let’s take a look at some of the heaviest treading ASX 200 shares today:
3 heavy-trading ASX 200 shares on Thursday
BHP Group Ltd (ASX: BHP)
Our first share to make the list today is ASX 200 mining heavyweight BHP, with 26.1 million shares bought and sold. The ‘Big Australian’ has had a shocker of a week this week. On Monday, the company was sitting pretty close to its all-time high at $53.90 a share. But today, BHP closed at just $44.67, having shed a nasty 6.35% this Thursday.
That move comes after the miner lost another 7% just yesterday – putting its week-to-week losses at a pretty depressing 14.3%. The steep slide today has likely pushed BHP shares to the top of the pile in terms of trading volume.
Scentre Group (ASX: SCG)
ASX Real Estate Investment Trust (REIT) Scentre is our second ASX 200 share to check out today. A hefty 26.6 million Scentre units have traded hands on the ASX boards today.
Since there is no major news or announcements out of the Westfield owner today, it’s likely that this high trading volume is the result of the Scentre unit price alone. Scentre units finished down 0.39% today to $2.55 each. However, the company had been bouncing around between $2.52 and $2.59 all day. It’s probably this volatility that has led to Scentre’s high trading volume.
Pilbara Minerals Ltd (ASX: PLS)
And last, but certainly not least in terms of trading volumes, we have ASX 200 lithium producer Pilbara Minerals. Pilbara is another ASX resources share that has had a week to forget. It’s lost around 9% of its value since last Thursday. Saying that, Pilbara still closed in the green, with the company finishing the day up 0.47% to $2.14 a share.
Even so, Pilbara was down as much as 2.8% earlier in the trading day before it made a remarkable recovery to its current level. As with Scentre, it’s probable that this share price volatility has propelled Pilbara to the top of the trading volume pile today, with 35.38 million shares changing hands.
The post Here are 3 of the heaviest trading ASX 200 shares this Thursday appeared first on The Motley Fool Australia.
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