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

It's all about those lithium shares on today's most-traded list.

Sebastian Bowen

Author Bio Sebastian Bowen has been a Motley Fool contributor since late 2018. Sebastian found his passion for writing and educating others about shares and all things finance after completing his studies in political, economic and social science and enjoys bringing this passion to life at the Fool. His investment philosophy is a simple one – buying high-quality companies at prices that make sense. When he’s not researching his next investment at all hours of the morning, Sebastian enjoys classic movies and likes to unwind with a good book, newspaper or record. Areas of Expertise Dividend investing ETFs Education Bachelor of Political, Economic, and Social Sciences (Government and International Relations), University of Sydney Social Media X/Twitter Favorite Investment Quote "In the short run, the market is a voting machine, but in the long run, it is a weighing machine." – Benjamin Graham

Published December 16, 2022 3:12 pm AEDT

After a rather volatile week, the S&P/ASX 200 Index (ASX: XJO) looks to be closing up on a sour note so far this Friday.

At the time of writing, the ASX 200 has fallen by another 0.41%, which has left the index at roughly 7,175 points.

But time now to focus on something else. So let's now take a look at the ASX 200 shares currently at the peak of the market's share trading volume charts, according to investing.com.

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The 3 most traded ASX 200 shares by volume this Friday

Liontown Resources Ltd (ASX: LTR)

First up this Friday is the ASX 200 lithium share Liontown Resources. So far today, a hefty 17.86 million Liontown shares have crossed the market to a new owner.

We haven't heard anything new out of Liontown itself today, or indeed this month so far. So this volume is probably the result of the share price movements this company has experienced this session. Liontown shares have been volatile.

The company briefly broke even this morning, but investors have now sent the shares to $1.54 each, a nasty fall of 2.53% for the day so far.

Core Lithium Ltd (ASX: CXO)

Another ASX 200 lithium share is next up this Friday in Core Lithium. Today, we've seen a sizeable 29.22 million Core shares bought and sold on the markets thus far. Core has also been volatile today. But not quite in the same way.

The company opened in the red this morning but then had a pleasing spike up to $1.08 a share. At present, Core shares are going for $1.06 each, up by 0.95%. This volume is probably a consequence of the announcement Core made this morning.

As my Fool colleague Brooke covered at the time, Core has revealed that it has had some encouraging results from drilling work at its flagship Finniss Project.

Pilbara Minerals Ltd (ASX: PLS)

Our third, final and most traded ASX 200 share today is yet another lithium stock in Pilbara Minerals, with a whopping 34.609 million shares traded so far.

Yesterday, Pilbara topped this list following its disastrous 11.4% share price drop. Today, this pain seems to be continuing with Pilbara shares down another 0.99% at the time of writing to $3.99 each.

But Pilbara shares were in the green for most of the morning, only dipping this afternoon. That's despite some love from ASX broker Morgans, which we looked at this morning. Again, it's probably volatility that is the cause of so many shares flying around the ASX today.

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