After the wipeout we saw on the Australian share market yesterday, today's performance has been far kinder to ASX investors. At the time of writing, the S&P/ASX 200 Index (ASX: XJO) has regained a tentative 0.26% and is back to around 6,850 points so far.
So let's delve a little deeper into this recovery and have a look at the ASX shares that are presently coming in at the top of the ASX 200's share trading volume charts, according to investing.com.
The 3 most traded ASX 200 shares by volume this Thursday
Pilbara Minerals Ltd (ASX: PLS)
First up today is the ASX 200 lithium producer Pilbara Minerals. This Thursday has seen a notable 24.5 million Pilbara shares exchanged on the markets.
There's been nothing of note out of the company itself. But we can say with relative certainty that this volume is probably the consequence of the new record high Pilbara has hit today. The lithium share has been on fire for at least the past month, and has been racking up new highs what seems like every few days.
Today is no different, with the company touching a new high watermark of $4.80 around lunchtime. Pilbara is presently up a pleasing 2.72% at $4.71 a share.
Core Lithium Ltd (ASX: CXO)
Another ASX 200 lithium share in Core Lithium is next up today. So far this Thursday, a hefty 23.87 million Core shares have been bought and sold on the ASX boards. There hasn't been any news out of Core Lithium either.
Unfortunately, the company's shares have gone the other way from Pilbara today, and have notched up a big loss. Core Lithium is presently down by a nasty 5.33% at $1.51 a share. It's this sizeable sell-off that has probably prompted the high volumes we are seeing.
South32 Ltd (ASX:S32)
Changing pace somewhat, our final share today is none other than diversified ASX 200 miner South32. This Thursday has seen a significant 32.19 million South32 shares traded on the markets thus far. Again, we have another big share price drop to cover here.
South32 is currently nursing a seemingly nasty 7.06% drop today, putting the miner down at $4.02 a share. However, it's not as bad as it seems, with South32 going ex-dividend today for its upcoming final dividend payment. This is the likely catalyst behind this company's presence at the top of the volume charts for this session.
