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

Some earnings results are driving trading volumes today.

| More on:
An office worker and his desk covered in yellow post-it notes

Image source: Getty Images

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

The S&P/ASX 200 Index (ASX: XJO) is back in the red today in an unfortunate turn of fortune for ASX investors. At the time of writing, the ASX 200 has lost a meaty 0.56%, which has dragged the index down to just under 7,490 points. So far this week, the ASX 200 has retreated three out of four trading days.  

But rather than dwelling too long on that sobering statistic, let's instead take stock of the shares that are topping the ASX 200's share trading volume charts right now, according to investing.com.

The 3 most traded ASX 200 shares by volume this Thursday

Pilbara Minerals Ltd (ASX: PLS)

First up is the ASX 200 lithium leader Pilbara minerals. This session has had a sizeable 14.29 million Pilbara shares swap owners on the markets today. We haven't had any new news or announcements from the company itself today.

But that hasn't stopped the Pilbara share price from cratering. At present, the lithium producer has lost a nasty 3.74% and is down to $4.76 a share. This is probably the cause of the high volumes we are seeing.

Mirvac Group (ASX: MGR)

Next up today is the ASX 200 real estate investment trust (REIT) Mirvac Group. A chunky 20.96 million Mirvac shares have made their way around the markets so far this session. This one isn't too tricky to work out. Mirvac reported its earnings results for the first half of FY2023 this morning.

It was a bit of a mixed bag, with Mirvac reporting higher operating profits and dividends, but a big drop in statutory profits. Investors don't seem impressed though, considering the Mirvac share price is currently down by a depressing 4.4% at $2.30 a share.

It's these results and subsequent sell-off that are probably causing the volumes on display here.

Sayona Mining Ltd (ASX: SYA)

Our final and most traded share this Thursday is another ASX 200 lithium stock in Sayona Mining. Sayona has seen a surge of shares swapped on the ASX today, with 26.02 million traded at this point in time. There hasn't been much news out of the company though.

So again, we probably have a share price movement to thank. Sayona has copped a bit of a thrashing on the ASX today, with the company currently down by 1.25% at 24 cents per share. That seems to be enough to propel this lithium producer to the top of the ASX 200's trading volume charts right now.

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 Scott Phillips.

More on Share Market News

Three people gather around a large computer screen where they are looking at something that is captivating their interest with a graphic image of data and digital technology material superimposed to the right hand third of the image.
Share Market News

Here's how the ASX 200 market sectors stacked up last week

ASX tech shares led the market for a third consecutive week with a 4.63% increase.

Read more »

Mini house on a laptop.
Dividend Investing

Do ASX 200 dividend shares out-earn Aussie property?

We compare the forecast FY25 dividend yields of the top 10 ASX 200 companies to rental property yields.

Read more »

A fit woman in workout gear flexes her muscles with two bigger people flexing behind her, indicating growth.
Best Shares

Top ASX shares to buy with $500 in November 2024

$500 worth of ASX shares might not sound like a huge investment. But, to realise the benefits of compounding, you…

Read more »

A diverse group of people form a circle at a park and raise their arms together.
Share Market News

Here are the top 10 ASX 200 shares today

ASX investors ended the trading week on a high note this Friday...

Read more »

Broker Notes

Brokers name 3 ASX shares to buy today

Here's why brokers are feeling bullish about these three shares this week.

Read more »

A businessman looking at his digital tablet or strategy planning in hotel conference lobby. He is happy at achieving financial goals.
Share Gainers

Why Catapult, De Grey Mining, Domino's, and Nufarm shares are charging higher

These shares are ending the week strongly. But why?

Read more »

A young woman holds an open book over her head with a round mouthed expression as if to say oops as she looks at her computer screen in a home office setting with a plant on the desk and shelves of books in the background.
Healthcare Shares

This ASX All Ords share is diving 18% as inflation pain draws blood

This healthcare company delivered a trading update at its annual general meeting today.

Read more »

Three analysts look at tech options on a wall screen
Technology Shares

Up 70%, is it too late to invest in Xero shares?

This ASX tech darling hit a new all-time share price record yesterday.

Read more »