The S&P/ASX 200 Index (ASX: XJO) is once again enjoying some time in the sun as we head towards the conclusion of this Thursday's trading session.
At the time of writing, the ASX 200 is up by a robust 0.59% at around 6,850 points.
So now it's time to delve a little deeper into these market moves. Let's check out the ASX 200 shares that are presently 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
Pilbara Minerals Ltd (ASX: PLS)
ASX 200 lithium producer Pilbara Minerals is first up this Thursday. So far today, a chunky 19.75 million Pilbara shares have been swapped on the share market. There hasn't been any news out of Pilbara for this session.
However, we have seen a very healthy move in the Pilbara share price itself. Currently, the lithium share is enjoying a 2.51% boost to $5.11 a share. This looks to be the cause of the high volumes we are seeing.
Medibank Private Ltd (ASX: MPL)
For the second day in a row, ASX 200 health insurance provider Medibank Private makes the list. Medibank has seen a decent 28.57 million of its shares bought and sold so far this Thursday. After returning from its trading halt yesterday, Medibank had a shocker.
But investors seem to be in a forgiving mood during this session, and have sent the company back up by 1.05% to $2.90 a share. With all of the drama surrounding this company at present, these kinds of volumes are not entirely unexpected.
Core Lithium Ltd (ASX: CXO)
Finally today, we have another ASX 200 lithium stock in Core Lithium. Today has seen a whopping 51.47 million Core Lithium shares exchanged so far. This probably is a consequence of the depressing announcement the company made to investors this morning.
As we covered at the time, Core announced that its supply deal with electric vehicle manufacturer Tesla has collapsed.
The two companies reportedly failed to come to terms for the supply of lithium spodumene concentrate that both sides could agree upon. Investors haven't reacted kindly, with Core Lithium shares down a painful 5.5% at $1.38 each. This is almost certainly the cause of the elevated trading activity we are seeing.
