These 3 ASX 200 shares were flying around the share market this Friday

It's been a big trading day for these 3 ASX 200 shares. Here are the details

| More on:

Image source: Getty Images

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

The S&P/ASX 200 Index (ASX: XJO) has had a pretty flat day this Friday. At the close of trade, the ASX 200 finished at 7,488.3 points, down 0.04% for the day. Yawn.

So let's look at something a little more interesting instead – the ASX 200 shares topping the trading volume charts today. Dig in.

3 ASX 200 shares flying around the share market today

Scentre Group (ASX: SCG)

ASX Real Estate Investment Trust (REIT) Scentre is our first ASX 200 share to check out today. This Friday has seen a hefty 23.21 million Scentre units change hands. Although there is no major news or announcements out of the company today, Scentre did report its FY21 earnings this week, which has seen the company jump around a fair bit.

Today has seen the Scentre unit price put on another 2.19% to $2.80. That puts its gains for the week at close to 9%. It's probably this move upwards today that has sparked an increase in trading volumes for the Westfield owner.

Pilbara Minerals Ltd (ASX: PLS)

Next up we have ASX 200 lithium producer Pilbara Minerals, a frequent guest star on this list. Pilbara has seen a healthy 24.32 million of its shares bought and sold today. Unfortunately for investors, this seems to be in response to the steep fall Pilbara shares have taken today.

The company reported its FY21 earnings yesterday afternoon after market close, and investors have evidently not been too impressed today by what they saw. At the closing bell, Pilbara was down a nasty 6.55% to $2.07 a share. It's probably this steep fall that is behind this surge in trading volumes we have seen this Friday.

South32 Ltd (ASX: S32)

And last but certainly not least we have ASX 200 diversified miner South32.

South32 has seen a whopping 33.71 million shares change hands today, more than any other ASX 200 share. Rather strangely, there has also been no major news or announcements out of South32 today that might explain such a large volume of shares trading.

The company did report its own FY21 earnings last week. However, the company finished up 0.35% today to $2.90 a share after a brief fall into the red this morning. It might be this volatility that is resulting in an elevated level of trading today.

Motley Fool contributor Sebastian Bowen has no position in any of the stocks mentioned. 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 no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

More on Share Market News

A happy young couple lie on a wooden deck using a skateboard for a pillow.
Share Gainers

These were the best-performing ASX 200 shares in March

These shares made their shareholders smile in March thanks to some very big gains.

Read more »

Businessman using a digital tablet with a graphical chart, symbolising the stock market.
Opinions

2 ASX shares I have been buying in 2024!

I’m a believer in the long-term outlook of these stocks.

Read more »

Stock market chart in green with a rising arrow symbolising a rising share price.
Share Gainers

Here are the top 10 ASX 200 shares today

It was a massive day for the ASX 200, with a new all-time high recorded.

Read more »

A man sits thoughtfully on the couch with a laptop on his lap.
Technology Shares

This ASX tech stock rocketed 60% in March! Can it keep on delivering?

After soaring in March, the ASX tech stock is now up 169% since this time last year.

Read more »

Broker Notes

Brokers name 3 ASX shares to buy now

Here's why brokers are feeling bullish about these three shares this week.

Read more »

A young man clasps his hand to his head with his eyes closed and a pained expression on his face as he clasps a laptop computer in front of him, seemingly learning of bad news or a poor investment.
Share Fallers

Why Burgundy Diamond Mines, Clarity Pharmaceuticals, EML, and Zip are sinking today

These ASX shares are ending the week in the red. But why?

Read more »

A young women pumps her fists in excitement after seeing some good news on her laptop.
Share Gainers

Why Mesoblast, Newmont, Pilbara Minerals, and Platinum shares are jumping

These ASX shares are ending the week strongly. But why?

Read more »

a young boy dressed up in a business suit and tie has a cute grin and holds two fingers up.
Opinions

2 of my top ASX 200 shares to consider buying before April

I would happily exchange dollars for these two shares right now.

Read more »