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

Some big gains and a new 52-week high are driving trading volumes today.

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The S&P/ASX 200 Index (ASX: XJO) seems to be going from strength to strength this week. After healthy rises all week, the ASX 200 is adding to the party today and has risen by another 0.92% to back over 7,110 points at the time of writing.

What a time to be investing. So let's now delve deeper into these gains by having a look at the shares that are at the top of the ASX 200's share trading volume charts right now, according to investing.com.

Group of friends trading stocks on their phones. symbolising the 3 most traded ASX 200 shares today

Image source: Getty Images

The 3 most traded ASX 200 shares by volume this Thursday

Telstra Group Ltd (ASX: TLS)

First up this Thursday is the veteran ASX 200 telco Telstra. So far this session, a notable 12.25 million Telstra shares have been bought and sold. There hasn't been any fresh news out of Telstra itself for a while now. But there are a few things that could still be boosting volumes today.

Firstly, Telstra has just hit a new 52-week high of $4.24 a share this morning. Although the company has cooled off since then, we have still seen the company move around a fair bit as well as hit this new high. Secondly, Telstra is paying out its latest interim dividend tomorrow. Although eligibility for this dividend is now closed, it might still be responsible for some of this volume.

Sayona Mining Ltd (ASX: SYA)

Next up we have the ASX 200 lithium stock Sayona Mining to consider. This Thursday has seen a decent 35.18 million Sayona shares traded thus far. There hasn't been much news out of Sayona either. And no dividend to speak of here. So this volume is probably a consequence of the movements of the company's shares themselves. Right now, the Sayona share price is running with the bulls of the broader market, up a pleasing 3.5% at 31 cents a share.

Pilbara Minerals Ltd (ASX: PLS)

Finally this Thursday, let's check out another ASX 200 lithium stock in Pilbara minerals. So far this session, a hefty 38.34 million Pilbara shares have swapped hands. Pilbara hasn't had the same kind of boost that Sayona is currently enjoying during today's trading. The lithium stock is currently up a robust 1.14% to $3.99 a share.

There's been no other news out of Pilbara today, but we did cover a new broker rating on Pilbara this morning, which could be playing a role here. Citi has reaffirmed a buy rating on the lithium producer, and given it a share price target of $4.60.

Motley Fool contributor Sebastian Bowen has positions in Telstra Group. 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 positions in and has recommended Telstra Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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