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

Some big falls are driving trading volumes on the ASX 200 today.

Sebastian Bowen

Author Bio Sebastian Bowen has been a Motley Fool contributor since late 2018. Sebastian found his passion for writing and educating others about shares and all things finance after completing his studies in political, economic and social science and enjoys bringing this passion to life at the Fool. His investment philosophy is a simple one – buying high-quality companies at prices that make sense. When he’s not researching his next investment at all hours of the morning, Sebastian enjoys classic movies and likes to unwind with a good book, newspaper or record. Areas of Expertise Dividend investing ETFs Education Bachelor of Political, Economic, and Social Sciences (Government and International Relations), University of Sydney Social Media X/Twitter Favorite Investment Quote "In the short run, the market is a voting machine, but in the long run, it is a weighing machine." – Benjamin Graham

Published May 25, 2023 3:25 pm AEST

The S&P/ASX 200 Index (ASX: XJO) looks like it is heading for a nasty loss today, which would make it four out of four red days on the ASX so far this week. At the time of writing, the AS X 200 is enduring a nasty drop of 1.1%, leaving the index at around 7,135 points.

Let's hope that Friday gives us a reprieve from this rather relentless selling. However, let's not let that get us down. So it's time now to turn to the shares that are at the top of the ASX 200's share trading volume charts at present, according to investing.com.

blue arrows representing a rising share price ASX 200 — Image source: Getty Images

The 3 most traded ASX 200 shares by volume this Thursday

Pilbara Minerals Ltd (ASX: PLS)

Our inaugural ASX 200 stock today is lithium producer Pilbara Minerals. This Thursday has had a chunky 13.52 million Pilbara shares change hands as it currently stands. We haven't heard much in the way of official news from Pilbara this session.

But we have seen some significant volatility that might be causing this trading volume on display here. Like the broader ASX 200, Pilbara has had a rough day, with the shares presently down by 0.75% at $4.66 each. However, Pilbara fell even harder this morning, descending as low as $4.58 a share.

Sayona Mining Ltd (ASX: SYA)

Next up we have Pilbara's fellow ASX 200 lithium stock in Sayona mining. So far this session, a sizeable 23.4 million Sayona shares have swapped hands. We haven't had any news out of Sayona either. But we have still seen the same kinds of volatility with Sayona stock today as that of Pilbara.

In Sayona's case, this company is currently down by 1.43% at 21 cents each but fell as low as 20.2 cents earlier this morning (down almost 4%). No wonder so many shares have been flying around.

AMP Ltd (ASX: AMP)

Third and finally today let's check out ASX 200 financial services share AMP. This Thursday has had a whopping 40.21 million shares exchanged on the ASX thus far. Again, there haven't been any developments out of the company itself. But that hasn't stopped AMP shares from shedding a notable 2.8%, putting the company down to $1.04 a share.

That was despite AMP tipping into positive territory, albeit briefly, this morning. Perhaps investors have taken note of a new broker opinion on AMP recently. But whatever the cause for this drop, it probably explains why so many AMP shares have been traded today.

Automatic Renewal

By taking up this offer, you will also be enrolled in our auto-renewal program, which is our way of making your ongoing subscription easier by ensuring uninterrupted service. Don't worry, though – you're not locked in, and can cancel your auto-renewal at any time before each 'anniversary' date without question or penalty.