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

Some massive spikes in share prices are driving ASX 200 trading volumes this Friday.

| More on:
blue arrows representing a rising share price ASX 200

Image source: Getty Images

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

The S&P/ASX 200 Index (ASX: XJO) looks to be heading for a mildly happy end to the trading week so far this Friday. After what has been a bumpy short week of trading, the ASX 200 has lifted to give investors a boost going into the weekend.

At the time of writing, the Index has gained a tentative 0.16%, which lifts the ASX 200 back to around 7,300 points.

But let's now dig a little deeper into these share market moves though by checking out the ASX 200 shares that are currently sitting atop the share market's trading volume charts, according to investing.com

The 3 most traded ASX 200 shares by volume this Friday

Sayona Mining Ltd (ASX: SYA)

Our first share worth a gander this Friday is the ASX 200 lithium miner Sayona. So far this session, a hefty 17.74 million Sayona shares have changed ASX owners. We did get some news from the company earlier that could help to explain this volume.

Sayona released a quarterly activities report this morning, which contained some good news regarding lithium production at its facilities. The markets seem to approve, with the Sayona share price currently enjoying a decent 2.6% bump to 19.5 cents per share.

It's probably a combination of these events that is seeing so many Sayona shares swap hands today.

Mirvac Group (ASX: MGR)

Mirvac Group is next up today. This ASX real estate investment trust (REIT) has seen a sizeable 24.58 million units traded on the ASX boards thus far. We've had some news out of Mirvac too today, which is probably helping boost this REIT's trading volumes.

As my Fool colleague went into this afternoon, Mirvac has downgraded its earnings guidance for the 2023 financial year, thanks to delayed settlement timelines. Investors don't seem too bothered though, with the Mirvac unit price rising by a healthy 3.43% so far to $2.41 each.

With a rise of that size, it's no surprise to see Mirvac units make an appearance this Friday.

Pilbara Minerals Ltd (ASX: PLS)

Our third, final and most traded ASX 200 share today is none other than lithium stock Pilbara Minerals. A whopping 38.15 million Pilbara shares have been bought and sold on the ASX boards as it currently stands. Pilbara is yet another company that has released a quarterly update.

As we discussed this morning, Pilbara reported a 9% quarter-on-quarter decline in lithium spodumene production over the three months to 31 March.

But again, investors don't seem fazed at all, with the Pilbara share price rocketing by a notable 5.18% at present up to $4.16 a share. With a gain of that size, it's no shock to see Pilbara topping our most traded ASX 200 shares list 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.

More on Share Market News

Stock market chart in green with a rising arrow symbolising a rising share price.
Share Gainers

Here are the top 10 ASX 200 shares today

It was a massive day for the ASX 200, with a new all-time high recorded.

Read more »

A man sits thoughtfully on the couch with a laptop on his lap.
Technology Shares

This ASX tech stock rocketed 60% in March! Can it keep on delivering?

After soaring in March, the ASX tech stock is now up 169% since this time last year.

Read more »

Broker Notes

Brokers name 3 ASX shares to buy now

Here's why brokers are feeling bullish about these three shares this week.

Read more »

A young man clasps his hand to his head with his eyes closed and a pained expression on his face as he clasps a laptop computer in front of him, seemingly learning of bad news or a poor investment.
Share Fallers

Why Burgundy Diamond Mines, Clarity Pharmaceuticals, EML, and Zip are sinking today

These ASX shares are ending the week in the red. But why?

Read more »

A young women pumps her fists in excitement after seeing some good news on her laptop.
Share Gainers

Why Mesoblast, Newmont, Pilbara Minerals, and Platinum shares are jumping

These ASX shares are ending the week strongly. But why?

Read more »

a young boy dressed up in a business suit and tie has a cute grin and holds two fingers up.
Opinions

2 of my top ASX 200 shares to consider buying before April

I would happily exchange dollars for these two shares right now.

Read more »

Father in the ocean with his daughters, symbolising passive income.
Dividend Investing

I'd spend $8k on these ASX 200 shares today to target a $6,102 annual passive income

I believe these ASX 200 shares will continue rewarding passive income investors for years to come.

Read more »

Three businesspeople leap high with the CBD in the background.
Share Market News

Boom! ASX 200 blasts to new record highs

ASX 200 investors just sent the benchmark index into uncharted territory.

Read more »