It's finally a happy day on the S&P/ASX 200 Index (ASX: XJO) so far this Thursday in what will come as a bit of a relief for ASX investors.
After Tuesday's small fall and yesterday's large one, many investors might be feeling that the ASX 200 is due for a bounce. And they are getting it so far, with the index currently enjoying a decent 0.3% bump, putting it at just over 7,110 points.
But time now for a deeper dive into these market moves. So let's have a look at the ASX 200 shares that are currently at the top of the share market's trading volume charts, according to investing.com.
The 3 most traded ASX 200 shares by volume this Thursday
Pilbara Minerals Ltd (ASX: PLS)
First up today is the ASX 200 lithium leader Pilbara Minerals. A chunky 18.38 million Pilbara shares have been traded on the markets at this point of the day. We haven't had any new news out of Pilbara for a while now.
So it seems that this volume is a result of the company's nasty share price dive that we've seen so far this Thursday. At present, the Pilbara share price has tanked by 2.83%, dragging the company down to $4.28 a share. A move like that is certainly enough to see some large volume numbers.
Paladin Energy Ltd (ASX: PDN)
Next up we have the ASX 200 uranium share Paladin. Paladin has been popping up here all week, thanks in most part to the massive losses we saw on Tuesday. Luckily for investors today, Paladin shares are going the other way, having added just over 10% at present to 60 cents each, resulting in a sizable 32.4 million shares traded so far.
As my Fool colleague posted this morning, this could be a result of the company's efforts to downplay the impact of the proposed Namibian nationalisation plans that spooked shareholders on Tuesday.
Sayona Mining Ltd (ASX: SYA)
Third and finally this Thursday, let's check out another ASX 200 lithium stock in Sayona Mining. A rather massive 37.84 million Sayona shares have been bought and sold on the stock market at this point of the session.
Sayona has also had a rather wild week, thanks to the completion of a capital raising and share placement. Its shares are currently flat at 18 cents each but did spike up to 18.5 cents a few times today (a gain of 2.8%). It could be this volatility that is driving the elevated volumes we are seeing.
