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

We take a look at the most traded ASX 200 shares by volume today.
The post Here are the 3 most heavily traded ASX 200 shares on Thursday appeared first on The Motley Fool Australia. –

The S&P/ASX 200 Index (ASX: XJO) has had another wild day of trading so far this Thursday. At the time of writing, the ASX 200 has rebounded higher after almost lapsing back into negative territory in early afternoon trading. The index is currently up by 0.33% at around 6,530 points.

But let’s dig a little deeper into these moves and check out the ASX 200 shares that are topping the market’s trading volume charts right now, according to investing.com.

The 3 most traded ASX 200 shares by volume this Thursday

Core Lithium Ltd (ASX: CXO)

ASX 200 lithium stock Core Lithium is our first share to check out today. So far this Thursday, a sizeable 31.3 million shares have been bought and sold.

However, there’s been no major news out of Core Lithium today. So it’s likely that this volume has been caused by the share price volatility we’ve seen today.

After yesterday’s nasty 15% drop, the company initially rebounded this morning, but has since turned negative, and is presently down by 0.94% at 84.2 cents a share.

Pilbara Minerals Ltd (ASX: PLS)

Another ASX 200 lithium stock is next up today in Pilbara Minerals. A notable 38.23 million Pilbara shares have changed hands as it currently stands. Like with Core Lithium, Pilbara shares have also had a wild day.

But we did have some news out from the company this morning. Pilbara informed investors that it accepted a relatively high price of just over US$7,000 per dry tonne for its lithium spodumene without even having to hold the usual auction process.

This news saw Pilbara shares initially spike all the way to $2.19 a share. But the share price has cooled since, and is now at $2.04, down 1.21% today. After all of this volatility, it’s perhaps no wonder that so many shares have changed hands.

Lake Resources N.L. (ASX: LKE)

Our final and most traded share today is none other than ASX 200 newcomer (and lithium stock) Lake Resources. So far, a whopping 86.4 million Lake Resources shares have been traded on the markets today.

Unfortunately, this comes after a rather horrible share price sell-off for this company. Lake Resources shares are down another 15.5% today at 71 cents a share. That puts this company’s losses since Monday at more than 54%.

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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More reading

Why Cooper Energy, Lake Resources, Leo Lithium, and Zip shares are sinking
Can Macquarie shares deliver an attractive dividend yield AND 30% upside in 2022?
The Lake Resources share price has crashed 50% since joining the ASX 200 on Monday. What’s going on?
ASX 200 midday update: Pilbara Minerals’ lithium price update, BHP tumbles
Pilbara Minerals share price storms higher amid ‘unprecedented demand’ for lithium

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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