These three ASX 200 shares are dominating trading volume today.
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The S&P/ASX 200 Index (ASX: XJO) seems like it doesn’t quite know what it wants for this Thursday’s trading. At the time of writing, the ASX 200 is down, but only just, falling 0.07% at 7,400 points. That comes after stints in both positive and negative territory earlier.
But rather than trying to figure all that out, let’s instead check out the ASX 200 shares currently topping the ASX trading volume charts, according to investing.com.
3 most active ASX 200 shares by volume on Thursday
Telstra Corporation Ltd (ASX: TLS)
Telstra is our first ASX 200 share topping the charts so far today, with a sizeable 9.72 million shares finding new owners so far. However, there’s not a lot in the way of news or announcements out of this telco this Thursday. In saying that, we did get some news out of Telstra yesterday, with the announcement that the company had secured 2x10MHz from the government’s 850/900 MHz band auction for a cost of $6.16 million.
This sent Telstra shares up around 1% yesterday. But the telco has had a more muted day today, falling 0.15% so far to $4.05 a share. It’s probably a combination of these events that is pushing up Telstra’s volume today.
Ausnet Services Ltd (ASX: AST)
Energy retailer Ausnet is our next share up today. This ASX 200 share has seen an impressive 30.72 million of its shares swap hands on the markets today. It’s not entirely clear why this company has had such high levels of volume this Thursday. There are no major developments to report on, and the Ausnet share price is not doing much either – flat at $2.52 a share so far. It’s a strange situation to be sure.
Sydney Airport (ASX: SYD)
Our final and most traded ASX 200 share so far this Thursday goes to Sydney Airport. This infrastructure giant has had a whopping 38 million of its shares bought and sold so far today. We do have something of a smoking gun with this company though.
This volume can likely be attributed to the announcement this morning that the Australian Competition and Consumer Commission (ACCC) has decided to allow the proposed acquisition of Sydney Airport by the Sydney Aviation Alliance to go ahead. Sydney Airport shares have reacted positively to this news, up 2.87% to $8.59 a share.
The post These 3 ASX 200 shares are topping the volume charts this Thursday appeared first on The Motley Fool Australia.
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Motley Fool contributor Sebastian Bowen owns Telstra Corporation Limited. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia owns and has recommended Telstra Corporation Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.