The S&P/ASX 200 Index (ASX: XJO) is having a bit of a pullback this Thursday. At the time of writing, the ASX 200 is down 0.62% to 7,485 points. But rather than dwelling on that statistic, let’s instead check out some of the heaviest trading ASX 200 shares on the share market today.
The 3 heaviest trading ASX 200 shares on Thursday
Qantas Airways Limited (ASX: QAN)
The Flying Kangaroo is our first ASX 200 share to check out today. At the time of writing, we have seen a hefty 21.38 million Qantas shares change hands so far. This follows the national airline’s FY2021 earnings report which the company gave to us before market open this morning. This earnings report also announced that the company plans to restart international flights in December this year.
The response from investors has been enthusiastic, and the Qantas share price is currently up a healthy 3.3% to $5.03. This movement is likely behind the large volume of Qantas shares we are seeing bought and sold today.
IDP Education Ltd (ASX: IEL)
IDP Education is our second ASX 200 share this Thursday. Today we have seen approximately 22.09 million IDP shares trade so far. Although IDP hasn’t had anything to say today, we did receive the company’s own FY21 earnings report yesterday.
After an initial wobble, IDP Education ended up finishing up 2.3% for the day yesterday. And today has seen investors pile on, pushing the shares up another 2.3% to $29.03 a share. It’s likely this strong buying pressure that has resulted in so many IDP Education shares finding new homes today.
A2 Milk Company Ltd (ASX: A2M)
And our most traded ASX 200 share today goes to A2 Milk. Unfortunately, unlike the above two shares, A2 Milk is likely seeing a spike in trading volumes today as a result of a poor reaction from investors to its own earnings. A2 reported its FY21 numbers this morning, and the reaction has certainly not been kind.
The company’s shares are currently down a nasty 12.3% to $6.01 apiece today. It’s almost certainly this steep slide in A2 that is behind the whopping 24.93 million shares flying around the markets so far this Thursday.