Here are the 3 most heavily traded ASX 200 shares this Friday

We take a look at the most active ASX 200 shares by volume today…

| More on:

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

Today has seen the S&P/ASX 200 Index (ASX: XJO) looking to finish the trading week on a positive note. The ASX 200 is currently up by 0.46% to 7,463 points.

Let's take a look at the ASX 200 shares that are topping the trading volume charts today, according to investing.com.

Two bidders raise their hands in the air to bid up the price of an ASX 200 share

Image source: Getty Images

3 most active ASX 200 shares by volume on Friday

Telstra Corporation Ltd (ASX: TLS)

ASX 200 telco Telstra is our first ASX share to check out today. This ASX blue-chip has seen a sizeable 11 million shares finding new owners so far this Friday.

With no major news out of the telco today, we can assume this elevated trading volume is on the back of healthy share price growth today. Telstra is currently up a robust 1.15% at $3.98 a share. This is getting pretty close to its 52-week high of $4.05. Telstra has also been buying back its own shares recently, so this could be a contributing factor as well.

Virgin Money UK (ASX: VUK)

ASX-listed but British-based bank Virgin Money UK is our next cab off the rank. Virgin Money has seen a hefty 11.47 million shares change hands so far today. This volume can likely be put down to the trading update Virgin Money released to investors yesterday evening.

Despite some improvements across the board with its metrics, investors were clearly wanting more given the Virgin Money share price is down a nasty 11.4% today to $3.14 a share. This steep share price fall is almost certainly behind the elevated trading volumes we are seeing this Friday.

Alumina Limited (ASX: AWC)

Aluminium processor Alumina is our final and most traded ASX 200 share this Friday. An impressive 13.3 million shares have been bought and sold so far today. There are no announcements out of Alumina today.

This ASX 200 company has had a rough couple of weeks. Its shares were downgraded by a major broker and its chief financial officer resigned. Together with today's nasty 2.75% drop to $1.87 a share so far, we have the probable reasons for its high trading volume today.

Motley Fool contributor Sebastian Bowen owns shares of Telstra Corporation Limited. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of and has recommended Telstra Corporation Limited. 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

two men in business suits sit across from each other at a table with a chess board on it. Both hold their hands to their chins and look down in serious contemplation of their next move.
Mergers & Acquisitions

Which ASX 200 stock is slipping on a sharpened takeover bid?

IMF interest is getting more serious, with investors now reassessing.

Read more »

A cute little kid in a suit pulls a shocked face as he talks on his smartphone.
Share Market News

Why is everyone talking about ANZ, Evolution Mining and Coles shares on Friday?

ANZ, Evolution Mining and Coles shares are turning heads today. But why?

Read more »

A frustrated young woman shopper holds her hands up with a pained, annoyed expression on her face as she stands next to her trolley in a grocery store and examines the stock offerings on the shelf in front of her.
Broker Notes

Why this leading broker just downgraded Woolworths shares

Let's see why this supermarket giant's shares have just been hit with a downgrade.

Read more »

Five young people sit in a row having fun and interacting with their mobile phones.
Share Gainers

The five best ASX 200 stocks to buy and hold in April revealed

If you held these five ASX 200 stocks in April, you’ll be laughing today.

Read more »

A young man goes over his finances and investment portfolio at home.
Broker Notes

Are Mineral Resources shares a buy in May?

Let's see what one leading broker is saying about this mining share.

Read more »

Excited group of friends watching sports on TV and celebrating.
Share Gainers

Why these ASX shares jumped 15%+ in April

These shares delivered the goods for investors in April. But why?

Read more »

Smiling man with phone in wheelchair watching stocks and trends on computer
Share Market News

5 things to watch on the ASX 200 on Friday

It looks set to be a good session for Aussie investors on Friday.

Read more »

A bearded man holds both arms up diagonally and points with his index fingers to the sky with a thrilled look on his face.
Share Market News

Prediction: Zip shares could fly another 121% higher

Find out why analysts think the shares can rally even higher.

Read more »