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 this Thursday appeared first on The Motley Fool Australia. –
The S&P/ASX 200 Index (ASX: XJO) is having another bumpy day of returns so far this Thursday. At the time of writing, the ASX 200 is currently up by a modest 0.14% at 7,410 points after both dipping and rising over the trading day so far.
But rather than trying to decipher those machinations, let’s instead check out the ASX 200 shares that are currently topping the trading volume charts today, according to investing.com.
3 most active ASX 200 shares by volume on Thursday
Telstra Corporation Ltd (ASX: TLS)
ASX 200 telco Telstra is our first share worth checking out today. So far, Telstra has seen a chunky 13.88 million of its shares change hands. With no developments out of this telco so far, we can probably put this high volume down to the volatility we have seen with Telstra today.
The company is currently up by 0.12% at $4.08 a share (right below its new 52-week high of $4.09), but dipped as low as $4.04 earlier this morning. It’s this bouncing around that’s probably behind this elevated trading volume, perhaps in conjunction with the regular share buybacks the telco has been doing of late.
Pilbara Minerals Ltd (ASX: PLS)
From TLS to PLS! Pilbara Minerals is our next share up this Thursday. This ASX 200 lithium producer has seen a sizeable 14.2 million shares find a new home today. Again, this seems to just boil down to the actions of this company’s share price itself. Pilbara is currently up a healthy 2.57% at $3.60 a share after hitting a new all-time high of $2.62 this morning. This is the likely reason why we are seeing the company appear on this list.
EML Payments Ltd (ASX: EML)
ASX 200 payments company EML is our final and most traded share this Thursday, with a whopping 16.4 million shares bought and sold so far. We don’t have to look too far for a smoking gun here. This high volume is almost certainly due to the gigantic jump the EML share price has taken today.
EML shares are presently up a very pleasing 28.4% at $3.55 after the company got a green light from the Irish Central Bank to continue its operations after it previously flagged some concerns. No doubt there will be some very relieved investors out there!
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 shares of Telstra Corporation Limited. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of and has recommended EML Payments. The Motley Fool Australia owns shares of and has recommended EML Payments and Telstra Corporation Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.