The S&P/ASX 200 Index (ASX: XJO) is having another tough day so far this Thursday. It has been seesawing all day but at the time of writing is edging higher by 0.05% at 7,336 points.
But rather than dwelling on that, let’s instead take a look at the ASX 200 shares that are currently topping the market’s share trading volume charts, according to investing.com.
The 3 most traded ASX 200 shares by volume today
Evolution Mining Ltd (ASX: EVN)
ASX 200 gold miner Evolution is the first cab off the rank today. This Thursday has seen a hefty 10.73 million Evolution shares bought and sold. This appears to be a result of the big move Evolution has made on the markets thus far. The miner is currently up a very healthy 8.92% to $4.15 a share.
With other ASX 200 gold miners like Newcrest Mining Ltd (ASX: NCM) enjoying similar bounces today, we can probably thank the rise in the gold price that we have seen over the past day or two as a catalyst here. And, in turn, it’s likely today’s elevated trading volume is the result of this steep share price appreciation.
Pilbara Minerals Ltd (ASX: PLS)
Pilbara Minerals is next up today. This ASX 200 lithium share has seen a notable 12.09 million shares change hands so far on Thursday. There isn’t much in the way of news or announcements out of Pilbara today (or indeed in 2022 thus far), so again we can probably place the root cause of this volume down to the movements of the Pilbara share price itself. This company is currently enjoying a 2.43% bump to its valuation and is trading at $3.80 a share.
Telstra Corporation Ltd (ASX: TLS)
From PLS to TLS! ASX 200 telco Telstra is the final and most traded ASX 200 share of the day so far. This Thursday has seen a whopping 19.17 million Telstra shares swap owners at the time of writing.
Unfortunately for investors, it looks as though a steep sell-off on Telstra is what is behind this elevated trading volume. The telco is currently down a nasty 1.55% at $4.13 a share. That’s getting to some distance from the company’s new 52-week high of $4.31 that we saw hit just this week.