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…

This Thursday has seen the S&P/ASX 200 Index (ASX: XJO) enjoy another day in the green. The ASX 200 finished market close at 0.48% to 7,428 points. But let's take a look at the ASX 200 shares that topped the trading volume charts today, according to investing.com.

a hand reaches up from a large pile of papers.

Image source: Getty Images

3 most active ASX 200 shares by volume this Thursday

Telstra Corporation Ltd (ASX: TLS)

ASX 200 telecommunications giant Telstra is our first share to check out today. Telstra saw a hefty 20.74 million of its shares swap hands today. There are no major news or announcements out of Telstra this Thursday, so we can probably put this elevated trading volume down to the gyrations of the Telstra share price today.

Telstra shares finished the day up 0.77% at $3.93 each, but went as high as $3.97 in the morning. This, perhaps together with Telstra's Department of Defence contract renewal the telco announced yesterday, is what's behind this high volume we see.

Incitec Pivot Ltd (ASX: IPL)

ASX 200 fertiliser and explosives manufacturer Incitec Pivot makes a rare appearance on this list today, with a sizeable 18.14 million IPL shares having been traded on the markets.

This is a rather strange situation because there have also been no major news or announcements out of this company, and its share price didn't do anything too dramatic today. Incitec shares finished the day up by 0.32% to $3.11, with an intra-da range of $3.09 to $3.15 a share. Nevertheless, we still see some elevated trading volumes here, so go figure.

Tyro Payments Ltd (ASX: TYR)

Another rare appearance, Tyro Payments makes the cut today in first place amongst ASX 200 trading volumes. A whopping 23.67 million Tyro shares have found a new home today. This may be the result of the nasty 4.35% drop this company has seen this Thursday to $3.30 a share.

But the soul-crushing 18% drop this company has seen over the week so far might also be playing a role here. As my Fool colleague Tristan covered at the time, this drop can be put down to the company's annual general meeting yesterday, where Tyro discussed its current business conditions.

Motley Fool contributor Sebastian Bowen owns shares of Telstra Corporation Limited. The Motley Fool Australia's parent company Motley Fool Holdings Inc. owns shares of and has recommended Tyro Payments. The Motley Fool Australia owns shares of and has recommended Telstra Corporation Limited. The Motley Fool Australia has recommended Tyro Payments. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

More on ASX Share Market News

Five young people sit in a row having fun and interacting with their mobile phones.
Share Gainers

Here are the top 10 ASX 200 shares today

It was a happy end to the trading week this Friday.

Read more »

Female miner standing smiling in a mine.
Broker Notes

3 ASX mining shares with 43% to 322% upside ahead: brokers

The miners remain on an upward trajectory despite the broader market weakening in 2026.

Read more »

A woman stretches her arms into the sky as she rises above the crowd.
Broker Notes

9 ASX 200 shares upgraded by brokers this week

Brokers have increased their ratings on Northern Star, Challenger, Rio Tinto, and other stocks.

Read more »

Small kid giving a thumbs up.
Broker Notes

6 ASX shares to buy in today's weak market: experts

Brokers have reaffirmed their buy calls on Xero, NextDC, IAG, PLS, and other shares this week.

Read more »

A man stands at the bottom of a spiral staircase looking up.
Broker Notes

6 ASX shares downgraded by experts this week

Brokers reduced their ratings on AMP, SKS Technologies, Fortescue, and other stocks. 

Read more »

A young man looks like he his thinking holding his hand to his chin and gazing off to the side amid a backdrop of hand drawn lightbulbs that are lit up on a chalkboard.
Broker Notes

Brokers tip these 3 ASX shares to jump 72% to 162%

Do you own any of these shares in your portfolio.

Read more »

Young successful engineer, with blueprints, notepad, and digital tablet, observing the project implementation on construction site and in mine.
Broker Notes

This small-cap ASX mining company could rise more than 45%, Shaw and Partners says

This company's tin project is progressing well.

Read more »

Happy investor on tablet with finance graphs rising in overlay.
Broker Notes

2 ASX 200 shares tipped to rise 39% to 130%

These shares could be heading materially higher according to analysts.

Read more »