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

Our most traded ASX 200 shares today are all defying the market's selloff.

| More on:

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

It's proving to be a bit of a sad end to the trading week for ASX shares and the S&P/ASX 200 Index (ASX: XJO) this Friday. Backing up yesterday's losses, the ASX 200 has lost another 0.82% so far this session, dragging the index back down to around 6,675 points.

But let's not let that cast a shadow over the upcoming weekend. So instead, it's time to take a look at the shares currently topping the ASX 200's share trading volume charts, according to investing.com.

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

The 3 most traded ASX 200 shares by volume this Friday

Pilbara Minrals Ltd (ASX: PLS)

Our first share to take stock of today is ASX 200 lithium star Pilbara Minerals. Pilbara has had a noteworthy 12.1 million shares traded so far this Friday. There's been no news from the company itself that might explain this volume.

However, the Pilbara share price is bucking the mood of the broader markets and has added a healthy 1.6% this session to $5.05 a share. Perhaps some love from ASX brokers is helping here. Either way, this market defiance has probably sparked these kinds of volumes.

South32 Ltd (ASX: S32)

Next up we have ASX 200 mining company South32. So far today, a decent 14.13 million South32 shares have been dug up and sold to a new home. Here we have another ASX share that is enjoying some rare gains this Friday.

At present, the South32 share price has inched up by 0.54% to $3.69 a share. We haven't had any news out from the company either, save for a routine share buyback notice. This, along with the gains we see, is the likely explanation for this elevated trading volume.

Core Lithium Ltd (ASX: CXO)

Last but certainly not least in terms of volume, we have another ASX 200 lithium stock in Core Lithium. Today's session has seen a large 22.01 million Core Lithium shares swap hands as it currently stands. Core has posted a notice today of its 2022 annual general meeting.

Perhaps this has gotten investors excited (although it might also be rising on Pilbara's coattails). Nevertheless, Core Lithium shares have bounced a healthy 2.26% to $1.36 each at the time of writing after a shaky start this morning. That might be the explanation we are looking for in terms of the high volume of shares flying around.

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.

More on ASX Share Market News

A man in his 30s with a clipped beard sits at his laptop on a desk with one finger to the side of his face and his chin resting on his thumb as he looks concerned while staring at his computer screen.
Broker Notes

Buy, hold, sell: New Hope, BOQ, Santos shares

Find out which shares brokers are most positive on.

Read more »

Digital screen of stock exchange showing shares in the red.
ASX Share Market News

Why is the ASX 200 having its worst day in 3 months?

The ASX 200 is having its weakest session in months.

Read more »

Businessman studying a high technology holographic stock market chart.
Broker Notes

2 ASX small caps which could rise 140% to 150%

Shaw and Partners says these two companies are well-positioned to grow.

Read more »

A woman with black afro hair and wearing a white t-shirt shrugs and purses her lips
ASX Share Market News

Top 3 beaten-down ASX 200 shares from August worth a second look

Three big August falls, three growing businesses.

Read more »

Sell written several times on board.
Broker Notes

Sell alert! Why this expert is calling time on CBA shares and this top ASX 200 stock

A leading expert forecasts mounting headwinds for CBA and this large-cap ASX stock.

Read more »

Frustrated man looking exhausted while sitting at his desk with his laptop and carrying his glasses in his hand.
ASX Share Market News

5 things to watch on the ASX 200 on Wednesday

It looks set to be a tough session for Aussie investors today.

Read more »

Lion roaring in the wild, symbolising a rising Liontown share price.
Broker Notes

Buy, hold, sell: Boss Energy, Austal, Liontown shares

The ASX 200 rose 1% during earnings season while these 3 stocks had 15% to 27% gains.

Read more »

Happy female accountant looking at her tablet.
Broker Notes

Buy, hold, sell: Greatland Resources, PEXA Group, Origin shares

Brokers have updated their ratings following the end of earnings season.

Read more »