Here are the 3 most heavily traded ASX 200 shares on Thursday

Some earnings results are driving trading volumes today.

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The S&P/ASX 200 Index (ASX: XJO) is back in the red today in an unfortunate turn of fortune for ASX investors. At the time of writing, the ASX 200 has lost a meaty 0.56%, which has dragged the index down to just under 7,490 points. So far this week, the ASX 200 has retreated three out of four trading days.  

But rather than dwelling too long on that sobering statistic, let's instead take stock of the shares that are topping the ASX 200's share trading volume charts right now, according to investing.com.

The 3 most traded ASX 200 shares by volume this Thursday

Pilbara Minerals Ltd (ASX: PLS)

First up is the ASX 200 lithium leader Pilbara minerals. This session has had a sizeable 14.29 million Pilbara shares swap owners on the markets today. We haven't had any new news or announcements from the company itself today.

But that hasn't stopped the Pilbara share price from cratering. At present, the lithium producer has lost a nasty 3.74% and is down to $4.76 a share. This is probably the cause of the high volumes we are seeing.

Mirvac Group (ASX: MGR)

Next up today is the ASX 200 real estate investment trust (REIT) Mirvac Group. A chunky 20.96 million Mirvac shares have made their way around the markets so far this session. This one isn't too tricky to work out. Mirvac reported its earnings results for the first half of FY2023 this morning.

It was a bit of a mixed bag, with Mirvac reporting higher operating profits and dividends, but a big drop in statutory profits. Investors don't seem impressed though, considering the Mirvac share price is currently down by a depressing 4.4% at $2.30 a share.

It's these results and subsequent sell-off that are probably causing the volumes on display here.

Sayona Mining Ltd (ASX: SYA)

Our final and most traded share this Thursday is another ASX 200 lithium stock in Sayona Mining. Sayona has seen a surge of shares swapped on the ASX today, with 26.02 million traded at this point in time. There hasn't been much news out of the company though.

So again, we probably have a share price movement to thank. Sayona has copped a bit of a thrashing on the ASX today, with the company currently down by 1.25% at 24 cents per share. That seems to be enough to propel this lithium producer to the top of the ASX 200's trading volume charts right now.

Motley Fool contributor Sebastian Bowen has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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