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

Mining and lithium shares are dominating the ASX 200 volume charts this Friday.

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The S&P/ASX 200 Index (ASX: XJO) is motoring towards a slight downtick to end the trading week so far this Friday. After what has been a rather tough week for investors, the ASX 200 has lost 0.2% so far today to trade around 6,832 points at the time of writing.

So let's dive deeper into these end-of-week 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)

First up this Friday is ASX 200 diversified mining share South32. So far today, a hefty 14.6 million South32 shares have been dug up and sold. There's been no news out of the company today, save for a share buyback notice (which could in itself be influencing trading volumes).

So the more likely explanation for this volume is the nasty share price fall we have seen with the company today. At present, South32 shares are down by 2.1% at $3.98 each.

As my Fool colleague Brooke looked into earlier today, the latest COVID news out of China appears to be putting a dent in the entire ASX 200 resources sector today.

Core Lithium Ltd (ASX: CXO)

ASX 200 lithium share Core Lithium is next up this Friday. So far during today's session, a sizeable 17.9 million Core Lithium shares have been swapped by investors. There's been no news out of Core Lithium this Friday either. So again, let's look to the company's share price itself.

Core Lithium shares have been shunned by investors today. The company is presently down a nasty 5.6% at the time of writing to $1.28 a share. It seems Core Lithium is under the same pressure that South32 and other ASX mining shares are facing today.

Pilbara Minerals Ltd (ASX: PLS)

Our third, final and most traded ASX 200 share this Friday is none other than fellow lithium share Pilbara Minerals. This session has seen a whopping 22.8 million Pilbara shares bought and sold on the market.

Once more, it looks as though a depressing share price movement is responsible for those volumes we are seeing. Pilbara shares are faring far better than Core Lithium shares, though. The company has lost 1.38% so far at $3.58 a share. This is the probable cause of the elevated volumes we are witnessing.

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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