Here are the 3 most heavily traded ASX 200 shares on Thursday

We take a look at the most active ASX 200 shares by volume so far today…

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The S&P/ASX 200 Index (ASX: XJO) has given investors a thumping today, no point beating around the bush. At the time of writing, the ASX 200 has plunged a very nasty 3.1% and is back below the 7,000 point threshold.

But let's try not to let that get us down, and let's instead check out the ASX 200 shares that are currently topping the market's share volume charts, according to investing.com.

The 3 most traded ASX 200 shares by volume so far

Qube Holdings Ltd (ASX: QUB)

Logistics company Qube is our first company up this Thursday. This ASX 200 share has had a sizeable 20.14 million of its shares bought and sold so far today. This follows the company's half-year earnings release this morning. 

The company reported a 26.7% rise in revenues, and a slight 0.7% bump in earnings. Investors seem pleased with what the company out up, with the Qube share price actually in the green so far today. It's currently up 0.89% at $2.84. This is probably why we are seeing some elevated trading volume here.

Telstra Corporation Ltd (ASX: TLS)

ASX 200 telco Telstra is next up. So far today a notable 21.4 million Telstra shares have found a new home. There hasn't been much in the way of any news or announcements out of Telstra today thus far. That's apart from a share buyback notice that may be helping those volume figures.

However, Telstra shares have not been immune to the sell-off today. The company is currently down 1.62% at $3.96 a share. It's those two factors that are probably behind this trading volume we see.

Pilbara Minerals Ltd (ASX: PLS)

ASX 200 lithium producer Pilbara is our final and most traded share of the day today. This Thursday has seen a whopping 26.83 million Pilbara shares swap hands as it currently stands. Again, there hasn't been any news of note out of Pilbara today.

However, the company has suffered a steep share price sell-off. The Pilbara share price is presently down by a depressing 6.67% at $2.65 a share. The magnitude of this sell-off is the likely cause of the high trading volumes we are seeing with this lithium company.

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.

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