We are once again seeing a day of progress for ASX shares and the S&P/ASX 200 Index (ASX: XJO). So far this Thursday, the ASX 200 has lifted by 0.09%. That puts the index at just over 7,508 points.
But time now to delve a little deeper into these market moves. So let's check out the shares currently atop the ASX 200's share trading volume charts, according to investing.com.
The 3 most traded ASX 200 shares by volume this Thursday
South32 Ltd (ASX: S32)
First up today, we have the ASX 200 miner South32. So far this session, a notable 12.85 million South32 shares have been bought and sold on the share market. There hasn't been any fresh news out of the miner for a while now.
So we can probably look to South32 shares themselves for an explanation here. The miner has had a pretty pleasing day thus far, with South32 recording a 1.84% lift to $4.715 a share at the time of writing. The company rose as high as $4.82 earlier this afternoon as well. This big gain is probably what's behind so many shares trading.
Telstra Group Ltd (ASX: TLS)
Next up, we have the ASX 200 telco Telstra to consider. This Thursday has seen a hefty 16.15 million Telstra shares exchanged on the markets at present. This probably has something to do with Telstra shares hitting a new 52-week high today. Huzzah.
The blue-chip stalwart is up by a marginal 0.12% right now at $4.155 a share, but hit its new high watermark of $4.18 just after market open this morning. A new 52-week high is always a bit of an occasion on the ASX, so it's this we can look to for Telstra's elevated volumes.
Sayona Mining Ltd (ASX: SYA)
Thirdly, let's check out ASX 200 lithium share Sayona Mining. A sizeable 34.04 million Sayona shares have swapped hands on the ASX as it currently stands.
Again, we haven't heard too much out of the company itself in this instance but that hasn't stopped Sayona from continuing its rather epic run in 2023 so far. Sayona has added another 6.7% to its valuation today, bringing the company up to 27 cents per share.
The lithium stock is now up a whopping 43% in 2023 year to date. It's today's massive share price gain that is probably behind such a large volume of shares moving around.
