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

Our most traded ASX 200 share today is a well-known lithium stock.

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A pair of legs can be seen on the floor buried under a pile of paperwork, indicating a high volume day.

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The S&P/ASX 200 Index (ASX: XJO) looks like it is on track to end the trading week on a high note so far this Friday. At the time of writing, the ASX 200 is up a pleasing 1.05% at just over 7,120 points. The ASX 200 has now put on a pleasing 2.2% or so since Tuesday.

But let's dive deeper into these share market gains and take a look at the shares currently topping the ASX 200's share trading volume charts, according to investing.com.

The 3 most traded ASX 200 shares by volume this Friday

South32 Ltd (ASX: S32)

First up this Friday is ASX 200 diversified miner South32. So far today, a hefty 11.96 million South32 shares have changed owners. There's been no news out of South32 today. Saying that, the miner did report its FY22 earnings yesterday, which were well-received by investors at the time.

Today, the company's shares are down slightly by 0.23% at $4.26 a share. But the company did initially rise this morning. It's probably a combination of these vents that has led to this elevated trading volume we see.

Tabcorp Holdings Ltd (ASX: TAH)

Next up today, we have ASX 200 gaming company Tabcorp. This Friday has seen a sizable 18.28 million Tabcorp shares change tables at present. Again, nothing out of this company today.

But Tabcorp did report its earnings on Wednesday this week. Like south32, these were welcomed by investors. Tabcorp shares have gained 0.99% so far today to $1.02 a share, putting the company up an impressive 9.9% since Monday. This is the likely cause of the high volumes we are witnessing.

Pilbara Minerals Ltd (ASX: PLS)

Our third, final and most traded ASX 200 share of the day so far goes to ASX lithium share Pilbara minerals. This Friday has seen a whopping 30.66 million Pilbara shares swap hands as it currently stands.

Pilbara shares are up an eye-catching 4.7% so far today to $3.57 a share. As my Fool colleague James touched on earlier, this is despite an absence of news out of the lithium producer.

So these gains, and volumes, might have something to do with a bullish broker note earlier this week.

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 has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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