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

We take a look at the most traded ASX 200 shares by volume today.

| More on:
Three children wearing athletic short and singlets stand side by side on a running track wearing medals around their necks and standing with their hands on their hips.

Image source: Getty Images

TGIF! That’s probably what many investors are feeling today as the S&P/ASX 200 Index (ASX: XJO) stages what would surely be a much-welcomed rebound after a week of relentless heavy selling. At the time of writing, the ASX 200 is up by a healthy 1.7% to back over 7,050 points.

So let’s delve deeper into these positive moves and check out the ASX 200 shares currently topping the share market’s trading volume charts, according to

The 3 most traded ASX 200 shares by volume this Friday

South32 Ltd (ASX: S32)

Our first ASX 200 share to take a look at today is the diversified miner South32. South32 has had a sizeable 10.91 million shares swap hands as it currently stands. There hasn’t been any news out of the miner today, save for the typical share buyback notice, reflecting the company’s ongoing program. 

This could be lifting volumes in itself. But the probable cause here is likely to be South32’s bumpy share price performance today. The company rose as high as $4.46 in early trade this morning after closing at $4.37 yesterday but has since pared back these gains to $4.38, a gain of 0.23%. 

Telstra Corporation Ltd (ASX: TLS)

ASX 200 telco Telstra is next up this Friday. Telstra has had a notable 13.47 million of its shares trade on the markets today. Again, we have no real news out of Telstra today, save for another share buyback notice. However, Telstra shares have blossomed today. The telco is currently up almost 2% at $3.95 a share. It’s likely to be this healthy share price movement that is behind this elevated trading volume we see. 

Pilbara Minerals Ltd (ASX: PLS)

And our third, final and most traded ASX 200 share this Friday goes to lithium producer Pilbara minerals. Pilbara has had 18.64 million of its shares bought and sold on the markets today. We still haven’t seen any news out of Pilbara in May so far. 

But Pilbara shares have been rather volatile during today’s trading session. The company opened well in the green, rising as high as $2.54 a share. But the company has since descended back into loss territory, falling to $2.40 just after lunchtime. As it currently stands, Pilbara has bounced back and is now at $2.47 a share, up 0.82% for the day. It’s this volatility that is likely behind the high share volumes we are seeing. 

Should you invest $1,000 in Telstra right now?

Before you consider Telstra, you'll want to hear this.

Motley Fool Investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now... and Telstra wasn't one of them.

The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.* And right now, Scott thinks there are 5 stocks that are better buys.

*Returns as of January 13th 2022

Motley Fool contributor Sebastian Bowen has positions in 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 has positions in 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 Scott Phillips.

More on Share Market News

Top 10 ASX 200 shares today
Share Market News

Here are the top 10 ASX shares today

Here are your top 10 biggest gainers in the ASX 200 on Monday.

Read more »

blue arrows representing a rising share price ASX 200
Share Market News

Here are the 3 most heavily traded ASX 200 shares on Monday

We take a look at the most traded ASX 200 shares by volume today.

Read more »

Model bear in front of falling line graph, cheap stocks, cheap ASX shares
Share Market News

These are the 10 most shorted ASX shares

Short sellers are currently targeting these ASX shares...

Read more »

a man weraing a suit sits nervously at his laptop computer biting into his clenched hand with nerves, and perhaps fear.

Can regulators prevent another US$45 billion crypto stablecoin meltdown?

Terra's LUNA token, meant to help its UST token remain pegged to the US dollar, has lost 99.99% of its…

Read more »

A male sharemarket analyst sits at his desk looking intently at his laptop with two other monitors next to him showing stock price movements
Share Market News

ASX 200 midday update: Brambles rockets, Goodman upgrades guidance

The ASX 200 is having a decent start to the week...

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 Monday

Here's what to expect on the ASX 200 on Monday...

Read more »

Family of four celebrating inside a grocery store or supermarket
Share Market News

4 ASX shares of the most trusted brands in Australia

Which companies are best placed to attract the hearts, minds and wallets of consumers as interest rates rise?

Read more »

Coal-fired power station generic.
Energy Shares

How dependant on coal closure is the AGL share price?

Climate activists disagree with AGL's decision to hold onto coal, saying its depleting shareholder value.

Read more »