The S&P/ASX 200 Index (ASX: XJO) looks set to end the trading week on a positive note after a pretty lacklustre few days. At the time of writing, the ASX 200 is up by 0.17% at 7,308 points.
But let's dive a little deeper and check out the ASX 200 shares topping the volume charts in late afternoon trade, according to investing.com.
3 most traded ASX 200 shares by volume on Friday
Zip Co Ltd (ASX: Z1P)
ASX 200 BNPL share Zip is our first heavily traded share for today. Zip Co has seen a hefty 12.68 million of its shares bought and sold on the market thus far. This is likely to be a consequence of the nasty share price tumble that Zip has suffered through this Friday.
Zip shares are currently down by 5.62% at $4.20, after dipping as low as $4.05 this morning — a new 52-week low. This move comes after news that US regulators are reportedly looking into further regulation of the American buy now, pay later space.
South32 Ltd (ASX: S32)
ASX 200 resources share South32 is next up this Friday. So far, this diversified miner has seen a notable 13.43 million shares trade owners on the ASX today. With no news or developments out of South32 today, this move can likely be put down to the 1.31% boost to its share price. At the time of writing, South32 shares are trading for $3.88. Together with South32's ongoing share buybacks, this is probably why we see this company make 'the list' today.
Telstra Corporation Ltd (ASX: TLS)
Telstra is our final and most traded ASX 200 share this Friday. The telco has had a sizeable 22.4 million shares traded on the market thus far today. Just like South32, there's not much happening with Telstra in the news department today, other than share buybacks and a modest share price rise. Again, this combination is the likely cause of so many shares being traded. Telstra is currently up 0.12% today to $4.11 a share, just a touch off of its 52-week high of $4.13.
