Finally, a positive day for the S&P/ASX 200 Index (ASX: XJO). After basically staying flat on Monday and falling on Tuesday and yesterday, the ASX 200 seems to be finally giving investors a break today.
At the time of writing, the index is currently up an encouraging 0.48% at just over 7,230 points.
Hip hip, hooray. But let's now dig a little deeper into these happy rises by checking out the ASX 200 shares that are currently topping the share market's trading volume charts, according to investing.com.
Image source: Getty Images
The 3 most traded ASX 200 shares by volume this Thursday
Pilbara Minerals Ltd (ASX: PLS)
Our first horse out of the stable today is ASX 200 lithium giant Pilbara Minerals. So far this Thursday, a decent 20.5 million Pilbara shares have made their way across the ASX boards. There's been no fresh news or announcements out of Pilbara today.
So this volume looks like a consequence of the company's big share price move that we have seen this session. Investors appear keen to flock back to ASX 200 lithium stock this Thursday, with the Pilbara share price currently up a healthy 3.06% at $4.88. It's this gain that looks responsible for the high trading volume.
Core Lithium Ltd (ASX: CXO)
Next up we have another ASX 200 lithium share in Core Lithium. A notable 20.84 million Core Lithium shares have found their way across the ASX as we speak. We did get a small piece of news out of this company this morning, with Core Lithium announcing the appointment of non-executive director Andrea Hall.
But it's more likely that the high volume we are seeing comes from the volatility Core Lithium has displayed today. The company initially opened well in the green, rising as high as $1.13 a share. However, investors seem to have cooled their jets this afternoon, with Core Lithium now down by a meaty 1.18% at $1.09 a share.
Beach Energy Ltd (ASX: BPT)
Third and finally this Thursday, let's check out ASX 200 oil stock Beach Energy. Beach Energy has had a hefty 21.36 million of its shares bought and sold as it currently stands. This one isn't too hard to work out. This morning, Beach Energy put out an update on its Waitsia project.
This confirmed that the project's construction has run into some issues and that Beach Energy is no longer holding to its previous guidance on time and cost. Investors savaged the company this morning, sending Beach Energy shares down more than 7% at one point. The market has since softened, with the Beach Energy share price presently nursing a 3.55% loss at $1.36 a share.
All of this is almost certainly why Beach Energy is topping our trading volume charts today.
