The S&P/ASX 200 Index (ASX: XJO) is sadly back in the red today after what was an encouraging few days of trading. After the strong recovery we witnessed over the past two days, the ASX 200 is back to a loss so far this Thursday.
At the time of writing, the Index is presently nursing a 0.69% fall, which has dragged the ASX 200 back under 7,000 points.
That's not a reason to pack up and go home though. So let's focus on something else — the shares that are currently topping the ASX 200's share trading volume charts right now, according to investing.com. See if you can spot a trend with today's stocks.
The 3 most traded ASX 200 shares by volume this Thursday
Core Lithium Ltd (ASX: CXO)
After a long absence from this list, ASX 200 lithium share Core Lithium returns first up today. So far this session, a hefty 20.16 million Core shares have made their way across the ASX boards. We have seen some news out of this lithium miner this Thursday.
As we covered this morning, Core has announced a lithium spodumene concentrate sales agreement with Chinese company Sichuan Yahua from its Finniss lithium project. But investors don't seem too impressed, with Core Lithium shares down a nasty 3.54% so far today to 76 cents a share.
It was even worse this morning too, with the company dropping as low as 72 cents (down almost 7%). All of these developments probably explain the high volumes we are seeing.
Pilbara Minerals Ltd (ASX: PLS)
Next up we have another ASX 200 lithium stock in Pilbara Minerals. A sizeable 33.53 million Pilbara shares have swapped hands as it currently stands.
Unlike Core Lithium, we haven't had any news out of Pilbara this session to speak of. However, Pilbara is also suffering a depressing share price loss over today's trade thus far. At present, the leading lithium share is suffering a 4.44% fall to trade at $3.44 each after falling close to 7% this morning. It looks like this drop is to blame for the high trading volumes on display.
Sayona Mining Ltd (ASX: SYA)
Our third, final, and most traded ASX 200 share today is yet another lithium producer in Sayona Mining. This session has seen a whopping 52.75 million Sayona shares bought and sold on the markets so far. This looks like a very similar situation to that of Pilbara – no news but a big share price drop.
Unfortunately for Sayona investors, this lithium share has cratered by a horrid 7.5% today, down to 18.5 cents a share. This loss, together with Sayona's relatively large share count, is the likely reason this company leads out trading volumes this Thursday.
