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

We've seen massive rises and falls on the ASX 200 today.

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It's been a rather busy day of trading to round out the week so far this Friday. At the time of writing, the S&P/ASX 200 Index (ASX: XJO) is up, but only just, having gained an anaemic 0.11% at just over 7,440 points 

But the ASX 200 has been in both positive and negative territory over the session so far, so who knows where we'll end up.

So rather than trying to figure all of that out, let's instead 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

Core Lithium Ltd (ASX: CXO)

First up this Friday is the ASX 200 lithium share Core Lithium. So far this session, a hefty 16.05 million Core Lithium shares have flown across the ASX boards. There's been no major news out of Core Lithium this Friday. So this volume looks to be a result of the company's volatile share price today.

Core Lithium is currently down by 1.43% at $1.04 a share. But, just like the ASX 200, this company has bounced around between positive and negative territory all day. This probably explains the high volumes we are seeing.

Pilbara Minerals (ASX: PLS)

Next up today we have another ASX 200 lithium producer in Pilbara Minerals. This Friday has seen a sizeable 30.22 million shares bought and sold on the markets thus far. This is almost certainly a consequence of PIlbara's quarterly update coming out today.

As we covered earlier, it was a very positive update indeed, with sales volume, production and lithium prices all rising for the company. Investors have been climbing over themselves to get a hold of Pilbara shares, with the company up an extraordinary 9.1% to $4.38 a share.

Liontown Resources Ltd (ASX: LTR)

Our third, final and most traded ASX 200 share this Friday is yet another lithium stock in Liontown Resources. This session has seen a whopping 38.4 million shares finding a new ASX home so far. Liontown seems to be having quite a different day compared to Pilbara.

The company also released an update today. But this one revealed a cost blowout in the company's Kathleen Valley Lithium Project. This is the second time the company has raised its cost estimates.

Investors have not reacted kindly, sending Liontown down a nasty 14% to $1.29 a share. No wonder so many shares have been flying around today.

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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