Once again, it’s lithium that is dominating the ASX’s most traded shares today.
The post Here are the 3 most heavily traded ASX 200 shares on Thursday appeared first on The Motley Fool Australia. –
What a tease this Thursday has been from the S&P/ASX 200 Index (ASX: XJO). Today, the ASX 200 initially opened with strength, rising as high as 7,021 points.
But this turned out to be short-lived since the ASX 200 has given up most of those gains and is now up by just 0.1% at around 6,980 points.
But let’s not let that get us down. So instead, let’s take a look at the shares now at the top of the ASX 200’s share trading volume charts, according to investing.com.
The 3 most traded ASX 200 shares by volume this Thursday
Pilbara Minerals Ltd (ASX: PLS)
ASX 200 lithium stock Pilbara Minerals is first up this Thursday. So far today, a notable 17.73 million Pilbara shares have been bought and sold on the markets. There’s been no new news out of Pilbara today.
But, just like the ASX 200, the Pilbara share price can’t seem to make up its mind about what to do today. The company initially rose as high as $2.88 a share this morning, but has since fallen into red territory, and is now down by 0.54% at $2.78 a share.
It’s probably this volatility that has elicited the high volumes we are seeing.
Lake Resources N.L. (ASX: LKE)
It’s another ASX 200 lithium stock up next in Lake Resources. So far this Thursday, a sizeable 25.25 million Lake shares have changed owners.
It looks as though we are seeing a similar pattern with this company as well. No new news, but some bouncing around on the markets. Lake shares went as high as 94 cents this morning, but have now dipped to 88 cents, a loss worth 1.12%.
Again, it’s probably this volatility that is causing this trading volume.
Zip Co Ltd (ASX: ZIP)
Taking a break from lithium, we have buy now, pay later (BNPL) share Zip rounding out our list today. So far this Thursday, a hefty 30.45 million Zip shares have swapped hands as it currently stands.
Once again, we can probably blame volatility here. Zip hasn’t come out with any new news. But we hae seen some dramatic pricing swings with the BNPL share today. Upon market open, Zip climbed as high as $1.45 a share after closing at $1.32 yesterday, a rise worth almost 10%.
But investors seem to have gotten cold feet, given that Zip shares are now down by almost 5% at $1.26 a share. Go figure.
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 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.