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 enjoying a relatively positive day of share market trading so far this Thursday. At the time of writing, the ASX 200 is up a reasonable 0.22% at 7,381 points.
But let’s dive a little deeper and examine the ASX 200 shares currently topping the market’s share volume charts, according to investing.com.
3 most traded ASX 200 shares by volume on Thursday
Bega Cheese Ltd (ASX: BGA)
ASX 200 food company Bega Cheese is our first share to check out today. Bega has seen a notable 7.94 million of its shares traded on the markets so far. This is almost certainly a consequence of the nasty 10% drop the Bega Cheese share price has suffered thorugh this Thursday. As we covered earlier today, this relates to a trading update the dairy compnay gave to investors. Lower guidance for FY2022 appears to be the reason investors are hitting the sell button here.
Sydney Airport (ASX: SYD)
Sydney Airport is next up today. This ASX 200 infrastructure giant has had a hefty 12.75 million shares traded on the markets thus far this Thursday. The Sydney Airport share price hasn’t done anything too dramatic today.
It’s currently up just 0.06% at $8.68. However, the ongoing takeover process that Sydney Airport is currently undertaking might have something to do with this volume. Yesterday, we got the news that the Foreign Investment Review Board has given the takeover the green light, so that might be assisting today’s volumes.
Pilbara Minerals Ltd (ASX: PLS)
Pilbara Minerals is our final and most traded share this Thursday. This ASX 200 lithium producer has had a sizeable 15.98 million shares find a new home today. There’s been no major news or announcements out of Pilbara so far.
However, this high volume might be the result of the movements of the Pilbara share price itself. At present, Pilbara shares are trading at $2.81 each, up a healthy 2.93%, after hitting a new all-time high of $2.84 earlier this morning. This rise is likely why there have been so many shares bouncing around the markets today.
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 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 Bruce Jackson.