The S&P/ASX 200 Index (ASX: XJO) has finally turned into negative territory after what has been an exceptionally positive week so far for ASX shares. After gaining an impressive 1.73% over the past two trading days, the ASX 200 has taken a turn for the worse this Thursday.
At the time of writing, the ASX 200 has lost a meaningful 0.36%. That leaves the Index at just over 7,317 points.
But rather than dwelling on all of that, let's instead check out the ASX 200 shares that are presently topping the share market's trading volume charts at this point of the day, according to investing.com.
The 3 most traded ASX 200 shares by volume this Thursday
Sayona Mining Ltd (ASX: SYA)
First up this Thursday is the ASX 200 lithium stock Sayona Mining. So far today, a decent 11.61 million Sayona shares have swapped hands. There's been no news or announcements out of Sayona today.
So this volume probably boils down to the movements of the company's shares themselves. Sayona has indeed had a bit of a bouncy day, with time spent in both positive and negative territory. This lithium share has ricocheted between 19 and 20 cents per share today and is currently up 1% at 19.7 cents a share.
Pilbara Minerals Ltd (ASX: PLS)
Another ASX 200 lithium stock is our second share worth a look at this session. Pilbara Minerals has had a hefty 18.4 million of its shares bought and sold so far today. We haven't had much in the way of meaningful news out of Pilbara this Thursday either.
So again, let's turn to the Pilbara share price itself for an explanation. Pilbara has had a very different day to Sayona. Pilbara did have a dip in red ink this morning, going as low as $3.495 a share.
But investors seem to have built up some sentiment steam, with Pilbara currently up a healthy 1.41% at $3.59 a share after going as high as $3.61. This bouncing around has probably elicited the high volumes we are seeing.
Tabcorp Holdings Ltd (ASX: TAH)
Last, but certainly not least in terms of trading volume, we have ASX 200 gaming company Tabcorp, with a sizeable 25.61 million shares trading on the markets so far.
Once more, there hasn't been much news out of Tabcrop this Thursday. But this is another ASX 200 share that has seen some significant indecisiveness from ASX investors today. Taborp shares opened at $1.07 this morning but bounced around 1% to $1.08 a share around midday.
But investors have taken a second guess and, right now, the shares are trading at $1.065, down 0.47% for the day thus far. It's this bouncy performance that is our most likely catalyst for these elevated trading volumes.
