The S&P/ASX 200 Index (ASX: XJO) had a pretty decent day today, ending the day up 0.45% to 7,308 points. So let’s take a look at the ASX 200 shares that moved big today in terms of trade volume.
3 of the most traded ASX 200 shares today
Vocus Group Ltd (ASX: VOC)
ASX 200 telco Vocus tops the list today, with a whopping 48.1 million shares trading hands.
That comes despite the Vocus share price not doing too much this Friday. At close of trading, Vocus shares were swapping hands for $5.49 — exactly where they opened this morning.
Saying that, and as we discussed yesterday, it looks as though Vocus’ days on the ASX are numbered, with shareholders approving a takeover offer (of $5.50 a share) from a Macquarie Infrastructure consortium earlier this week.
If all goes to plan, 25 June will be the last day Vocus trades on the ASX. Obviously, a potential upcoming transaction of this nature might be upping the number of shares trading today.
AMP Ltd (ASX: AMP)
AMP is another ASX 200 share that worked its way through the market today. By the end of trade, 18.3 million AMP shares had changed hands.
This could be explained by the wealth manager’s hefty share price rise today. AMP finished up a healthy 3.02% at $1.19 a share, despite no official news or announcements out of the company.
Since dipping to a new all-time low of just $1.05 a share about a month ago, AMP is up roughly 12% since, including today’s bump.
Pilbara Minerals Ltd (ASX: PLS)
A final ASX share which traded well today was lithium miner Pilbara Minerals. Pilbara once again finds itself in this list of the most traded ASX 200 share on the market, as it has all week.
Today, a hefty 27.6 million Pilbarra shares changed hands. This is likely a result of the poor performance of the Pilbara share price itself today. The miner ended the day down a nasty 3.88% to $1.48 a share after making a new all-time high of $1.60 yesterday.
This seems to be in response to an announcement this morning that the company intends to restart its Ngungaju Operation by the end of the December quarter. Even so, Pilbara is still up 8.8% in the past 5 reading days, and up a staggering 31% in the past month.