The S&P/ASX 200 Index (ASX: XJO) looks like it is on track to end the week on a high note after several red days this week.
After partially reversing Tuesday and Wednesday's losses yesterday, the ASX 200 has taken back all of the lost ground and then some today. At the time of writing, the index is currently up by a happy 0.58% at just under 7,280 points.
What a way to start the weekend! But time now to take a deeper dive into these gains by taking a look at the shares presently at the top of the ASX 200's share trading volume charts, according to investing.com. We seem to have a bit of a theme today.
The 3 most traded ASX 200 shares by volume this Friday
Pilbara Minerals Ltd (ASX: PLS)
First up this Friday is the ASX 200 lithium share Pilbara Minerals. So far this session, a hefty 24.04 million Pilbara shares have been swapped on the ASX. We still haven't had any fresh news out of Piblara at all this month. So it looks like this volume could be a result of the company's share price movements themselves.
Pilbara has had a pretty decent trading day so far. The shares are currently up by a pleasing 1.22% at $4.98 each but rose as high as $5.03 earlier this afternoon. This gain probably explains why Pilbara is making an appearance on this list today.
Core Lithium Ltd (ASX: CXO)
Next, we have another ASX 200 lithium share to check out in Core Lithium. Today's trading has seen a sizeable 25.6 million Core Lithium shares find a new ASX home thus far. We have some news here that could explain this high volume. This morning, Core Lithium announced that its board has approved $45 to $50 million for a new mine at the company's Finniss lithium project.
Investors seem to approve, with the Core Lithium share price up a notable 5.43% so far today to $1.16 a share. This news, plus this rather large gain, is the most likely reason we are seeing the trading volume figures that we are.
Sayona Mining Ltd (ASX: SYA).
Our third, final and most traded ASX 200 share this Friday is yet another lithium stock in Sayona Mining. We've seen a whopping 29 million Sayona shares bought and sold on the stock exchange at this point of today's session.
All has been quiet on the Sayona news front. But that hasn't stopped this lithium share from having a rather bouncy day. Sayona shares opened at 23 cents each, but have fluctuated between 23.5 cents and 22.5 cents a share all day. Right now, the company is back to where it started, at a flat 23 cents. All of this bouncing around is probably why Sayona is topping our most traded shares list this Friday.
