The S&P/ASX 200 Index (ASX: XJO) is once again rising on Friday to give investors a pleasing end to the trading week. At the time of writing, the ASX 200 has risen by a decisive 0.82% and is now back above 6,940 points.
But let's dive a little deeper into these gains and take a look at the shares currently at the top of the ASX 200's share trading volume charts, according to investing.com.
The 3 most traded ASX 200 shares by volume this Friday
Pilbara Minerals Ltd (ASX: PLS)
Pilbara Minerals is first up this Friday. This ASX 200 lithium share has seen a hefty 15.27 million of its shares trade hands as it currently stands. We have seen the company release a non-price-sensitive corporate presentation this morning.
However, it's more likely that it is the movements of the Pilbara share price itself that is sparking this elevated volume. The lithium stock is currently up a healthy 1.1% at $2.76 a share but earlier was as high as $2.83.
BrainChip Holdings Ltd (ASX: BRN)
ASX 200 newcomer BrainChip is our next share to check out today. So far this Friday, a sizeable 16.98 million BrainChip shares have been bought and sold on the markets. There hasn't been much in the way of news or announcements out of BrainChip today.
Saying that, as my Fool colleague covered this afternoon, that hasn't been enough to stop the BrainChip share price shedding a nasty 13.39% so far today to leave the company at $1.10 a share. This sharp sell-off is almost certainly behind the high volumes we are seeing.
Zip Co Ltd (ASX: ZIP)
Zip Co is our third, final and most traded ASX 200 share so far this Friday. So far today, a whopping 61.22 million Zip shares have bounced around the ASX. This volume is the likely result of the massive share price loss Zip has suffered during this trading session.
Again despite an absence of new news or developments out of Zip, the company has plunged in value today, currently down a painful 20.39% at $1.21 a share. It's perhaps no wonder so many shares have been traded.
