Here are the ASX 200 shares topping ASX trading volume today.
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 suffering through yet another day of pessimistic trading. At the time of writing, the ASX 200 is down 0.5% at 7,290 points after kangarooing downwards for most of the day.
But don’t let that get you down. Let’s take a moment to check out the ASX 200 shares currently topping the ASX’s share volume tables, according to investing.com.
3 most active ASX 200 shares by volume this Thursday
Sotuh32 Ltd (ASX: S32)
Diversified ASX 200 mining company South32 is the first share worth taking a look at today. This Thursday has seen a hefty 14.98 million South32 shares trade hands thus far. With no major announcements or news out of the company today, we can probably put this high volume down to the movements of the South32 share price itself.
This resources giant has seen its shares defy the broader market today, and put on an additional 0.8% at $3.84 at the time of writing. This move, together with South32’s ongoing share buyback program, is the likely cause behind this elevated trading volume that we are seeing.
Pilbara Minerals Ltd (ASX: PLS)
Pilbara Minerals is next up today. This ASX 200 lithium company has had a notable 15.34 million of its shares trade on the share market today. Again, there’s nothing newsworthy out today regarding Pilbara, so this is also likely to be related to this company’s share price moves.
Pilbara shares are also in the green today, presently up a robust 1.85% at $2.75. That’s just a touch off of Pilbara’s new all-time high of $2.80 that we saw it hit earlier this week.
Telstra Corporation Ltd (ASX: TLS)
Telstra rounds out our most traded ASX 200 shares today, with a whopping 18.13 million shares bought and sold thus far this Thursday. We do have a possible smoking gun for the elevated volume with this company though.
As my Fool colleague Tony outlined this morning, the ASX 200 telco has copped a $2.53 million fine after the media watchdog found that Telstra had inadvertently exposed some customers’ private phone numbers. The Telstra share price is down today, having lost around 0.12%. It’s currently asking $4.10 each. It’s this combination that has probably put Telstra at the top of today’s volume tables.
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 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.