We take a look at the most active ASX 200 shares by volume…
The post These 3 ASX 200 shares are topping the volume charts on Thursday appeared first on The Motley Fool Australia. –
The S&P/ASX 200 Index (ASX: XJO) is yet again taking a tumble today, continuing the trend we have had for most of the week. At the time of writing, the ASX 200 is down by 0.06% at 7,231 points.
But let’s not let that get us down and instead check out the ASX 200 shares currently topping the market trading volume charts, according to investing.com.
3 most active ASX 200 shares by volume this Thursday
Pilbara Minerals Ltd (ASX: PLS)
ASX 200 lithium producer Pilbara Minerals is our first ASX 200 share to check out today. This company has had a sizeable 15.02 million shares bought and sold on Thursday so far.
There is no major news or announcement out from Pilbara, so we can probably look to the company’s share price to find the answer here. Pilbara shares are presently down a nasty 1.92% at $2.55 a share after falling as low as $2.50 earlier in today’s trading session. This is the likely reason behind Pilbara’s elevated trading volumes.
Telstra Corporation Ltd (ASX: TLS)
Blue-chip Telstra is our next ASX 200 share to check out. This ASX 200 telco has seen a hefty 15.29 million shares trade hands so far on the markets this Thursday. There’s nothing new out of Telstra today, so we can probably assume this volume is largely the result of the movement of the Telstra share price itself.
As it’s standing at the time of writing, Telstra is up 0.37% at $4.04 a share after a brief stint in negative territory this morning. This is probably why we’ve seen so many Telstra shares trade today thus far.
AMP Ltd (ASX: AMP)
Our final and most traded ASX 200 share today is the bank and wealth manager AMP, with a chunky 25.65 million shares bought and sold on the markets so far. There’s been nothing new out from AMP today.
However, the company’s shares have shed a depressing 3.57% so far today and are now sitting at 94 cents each. This comes after an earlier boost the company enjoyed this week when it discussed its demerger and strategy plans. This could all be involved in these elevated trading volumes we are seeing.
The post These 3 ASX 200 shares are topping the volume charts on Thursday appeared first on The Motley Fool Australia.
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Motley Fool contributor Sebastian Bowen owns shares of 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 shares of 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.