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 so far today…

| More on:
a group of three people carry a large block to line it up in ascending order with two other blocks nearby.

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 decided to give investors a backwards step so far this Friday. At the time of writing, the ASX 200 Index has lost a disappointing 0.67% and is currently sitting at 7,240 points.

But rather than letting that get us down, let's instead check out the ASX 200 shares that are topping the market's volume charts, according to investing.com.

The 3 most traded ASX 200 shares by volume so far on Friday

Insurance Australia Group Ltd (ASX: IAG)

Insurance Australia Group (or IAG as it's better known) is our first ASX 200 share of the day. This insurance giant has had a hefty 11.98 million of its shares swap hands so far this Friday. This appears to be in response to IAG's half-year earnings report that the company delivered this morning.

Amy Fool colleague James reported at the time, IAG gave investors a bit of a mixed bag. But even so, IAG shares are pushing higher in the aftermath. The company is currently up a pleasing 4.4% to $4.75 a share. This is probably why we are seeing some elevated trading volumes going on today.

Pilbara Minerals Ltd (ASX: PLS)

Pilbara Minerals is next up today. This ASX 200 lithium producer has seen a sizeable 12.74 million of its shares bought and sold on the markets as it currently stands.

Again, there's not much to report on Pilbara today, apart from a nasty share price fall. Unlike South32, Pilbara is taking things even further than the market, and is currently down by 3.4% at $3.24 a share. It's this move downwards that has likely sparked so many Pilbara shares trading on the share market this Friday.

South32 Ltd (ASX :S32)

ASX 200 resources company South32 is our final and most traded ASX 200 share so far today. This diversified miner has had an impressive 12.83 million of its shares trade on the share market thus far this Friday. Unlike IAG, there's not much to report about South32 today in an official capacity.

However, this company has experienced a rather decisive share price move which could explain this volume. South32 shares are pushing around 1% higher so far this Friday, in defiance of the broader market. It's likely that it's this move that has resulted in so many South32 shares finding a new home 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 owns and has recommended Insurance Australia Group 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

A man looking at his laptop and thinking.
Share Market News

5 things to watch on the ASX 200 on Friday

Will the market end the week on a high? Let's find out.

Read more »

A young boy sits on his father's shoulders as they flex their muscles at sunrise on a beach
Energy Shares

1 ASX penny stock I'd buy now while it's only 5 cents

I think this ASX penny stock has outsized growth potential.

Read more »

A man holding a cup of coffee puts his thumb up and smiles while at laptop.
Broker Notes

Morgans says these are some of the very best ASX 200 shares to buy

The broker believes these shares could be destined to deliver big returns.

Read more »

Man holding out Australian dollar notes, symbolising dividends.
Broker Notes

Where to invest $8,000 on the ASX in April 2024

A leading broker thinks these shares would be quality options this month.

Read more »

Fancy font saying top ten surrounded by gold leaf set against a dark background of glittering stars.
Share Gainers

Here are the top 10 ASX 200 shares today

Let's also take a look at what the various ASX sectors were doing this Wednesday.

Read more »

Two male ASX 200 analysts stand in an office looking at various computer screens showing share prices
Broker Notes

Top brokers name 3 ASX shares to buy today

Here's what brokers are recommending as buys this week.

Read more »

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

Why Argosy Minerals, Immutep, Pointsbet, and Regis Resources shares are racing higher

These shares are having a strong session on Wednesday. But why?

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 Chalice Mining, Cleanaway, Kogan, and Perpetual shares are sinking today

These ASX shares are having a tough time on Wednesday. But why?

Read more »