The S&P/ASX 200 Index (ASX: XJO) is enjoying some smooth gains so far this Thursday after the earlier volatility we have seen for much of the week. At the time of writing, the ASX 200 index has risen by a robust 0.49% at around 6,650 points.
So let's delve deeper into these market moves and take a look at the ASX 200 shares that are currently at the peak of the share market's trading volume charts, according to investing.com.
The 3 most traded ASX 200 shares by volume this Thursday
South32 Ltd (ASX: S32)
Mining company South32 is our first ASX 200 share to check out today. So far this Thursday, a hefty 13.7 million South32 shares have changed hands as it currently stands. We have not had any news or developments out of this miner so far.
So we can probably thank the healthy share price gains we have seen today for this elevated trading volume. At present, South32 has gained a pleasing 2% at $3.58 a share.
Pilbara Minerals Ltd (ASX: PLS)
Our next company to take stock of today is ASX 200 lithium producer Pilbara Minerals. This Thursday has seen a sizeable 15.27 million Pilbara shares find a new home on the share market thus far. In this case, we can probably thank the announcement Pilbara came out with this morning for this high volume.
As we covered at the time, Pilbara has just come out with its latest lithium auction results. These saw strong interest, although with a price 2.5% lower than last month. Investors initially reacted with apathy, but have since changed their minds, with the Pilbara share price now up a notable 3.8% at $2.45 a share.
Lake Resources N.L. (ASX: LKE)
Our third, final and most traded ASX 200 share today is none other than Pilbara's fellow lithium stock Lake Resources. This Thursday has seen a whopping 72.83 million Lake shares bought and sold on the markets today. The company returned from a trading halt this morning, which might be causing elevated volumes in itself.
However, Lake Resources has also just been on the receiving end of a short seller attack. Although the company put out a defence responding to this report, its share price has still sunk by more than 5% today. With all of this drama, it's perhaps no wonder so many shares have been bouncing around today.
