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

We have an eclectic mix of ASX 200 shares on our volumes list today.

The S&P/ASX 200 Index (ASX: XJO) is having a bit of a shaky day of trading so far this Thursday. After initially rising this morning, the ASX 200 is currently back in the red zone, nursing a loss of 0.34% at the time of writing, despite several stints in both positive and negative territory over the day thus far. These latest moves put the index back under 7,100 points.

But rather than trying to figure all of that out, let's instead examine the shares that are currently at the top of the ASX 200's share trading volume charts at present, according to investing.com.

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Image source: Getty Images

The 3 most traded ASX 200 shares by volume this Thursday

Telstra Group Ltd (ASX: BPT)

First up for discussion today is the ASX 200 telco Telstra. A notable 10.03 million Telstra shares have been phoned in for trading so far this Thursday. We haven't heard any fresh news from Telstra itself for a while now.

So it's likely that this large trading volume is a result of the movements of the Telstra share price itself. The telco had a strong start to trading this morning, rising up to $4.36 a share. But investors have cooled their jets since. Right now, the company is back in the red, with a loss of 0.12% at $4.32 a share. This volatility probably explains this high trading volume.

South32 Ltd (ASX: S32)

Next up we have ASX 200 mining share South32 to check out. A hefty 13.3 million South32 shares have been dug up and sold on the ASX boards so far. Like Telstra, we haven't seen too much in the way of news from South32 this Thursday, save for a routine share buyback notice.

Buybacks could be affecting trading volumes here, but the miner's decent gian today is probably the likelier explanation for these chunky figures. At present, South32 shares have gained a healthy 1.83% and are sitting at $3.90 each.

Sayona Mining Ltd (ASX: SYA)

Finally, this Thursday, let's check out ASX 200 lithium stock Sayona Mining. A hefty 14.2 million Sayona shares have charged across to a new owner at this point of the session. Once more, it seems like these elevated trading figures are a result of some market volatility.

Sayona has had a shaky session today. The company has been very bouncy and fell down to 17.5 cents a share at one point. At present, Sayona has recovered from that low, but is still down a meaty 167% at 17.7 cents per share.

Motley Fool contributor Sebastian Bowen has positions in Telstra Group. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has positions in and has recommended Telstra Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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