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

Market volatility seems to be driving ASX 200 trading volumes this Friday.

| 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

Thankfully, the S&P/ASX 200 Index (ASX: XJO) looks like it is on track to end the trading week on a slightly positive note. After falling every day between Monday and Thursday, the ASX 200 has bounced back into green territory so far this session, despite a shaky start this morning. 

At the time of writing, the index has recorded a healthy gain of 0.11%, leaving the ASX 200 at just under 7,150 points.

That's a nice way to end the week, so let's hope it holds. But time now to check out the ASX 200 shares that are at the peak of the share market's trading volume charts at present, according to investing.com.

a group of three people carry a large block to line it up in ascending order with two other blocks nearby.

Image source: Getty Images

The 3 most traded ASX 200 shares by volume this Friday

South32 Ltd (ASX: S32)

Our first share worth a look at today is the ASX 200 mining company South32. So far today, a hefty 9.27 million South32 shares have been exchanged on the share market. It looks like this volume might be a consequence of the significant volatility we have seen with South32 shares this Friday.

The company has had a bit of a wild ride today, with stints in both positive and negative territory and multiple swings worth around 1%. Before midday, this company had traded at both $3.92 and $3.86 a share. This is probably the cause of the high volumes we are seeing here.

Stockland Corporation (ASX: SGP)

Next up we have the ASX 200 real estate investment trust (REIT) Stockland. A sizeable 10.4 million Stockland units have been bought and sold on the ASX thus far. There hasn't been any news out of this REIT in May so far.

As such, this volume can probably be explained by the Stockland unit price's movements this session. Like South32, Stockland has also had a bumpy day. This morning, the REIT swung from a 0.9% loss to a 0.5% gain in under an hour. Right now, Stockland is asking $4.34 a unit, up 0.12% for the day.

Pilbara Minerals Ltd (ASX: PLS)

Our third, final and most traded ASX 200 share this Friday is none other than lithium stock Pilbara Minerals. This Friday has seen a notable 13.41 million shares swap hands as it currently stands. With no news out from Pilbara either, we can probably look to this company's sizeable selloff to explain this elevated trading volume.

Pilbara shares are having a rough end to the trading week this session. Bucking the broader market, this lithium share is currently nursing an 0.86% loss, which leaves it at $4.58 a share. That loss is enough to adequately explain why we are seeing so many 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 young woman holds her hand to her ear and leans sideways as if to listen to something that's surprising her as her eyes and her mouth are wide open.
ASX Share Market News

Why is everyone talking about Coles, Ramelius Resources and Woodside shares on Tuesday?

Woodside, Ramelius Resources and Coles shares are creating a stir on Tuesday. But why?

Read more »

Two work colleagues looking at a laptop and discussing something.
Broker Notes

Buy, hold, sell: DigiCo Infrastructure REIT, CBA, Telstra shares

Amid another day in the green for the ASX 200, experts reveal their new ratings.

Read more »

A scientist in a white coat and glasses puts her arms in the air in a sign of strength and success.
Broker Notes

This ASX small-cap healthcare stock is tipped to double in value

This company has a good base to build on.

Read more »

Woman looking at her computer and pondering something.
Broker Notes

What is this broker's updated view on PLS shares after big results?

Where to next for this red hot stock?

Read more »

Senior man looking at his laptop and pondering something.
Broker Notes

Buy, hold, sell: Deterra Royalties, GQG Partners, and TPG Telecom shares

Morgans has updated its views on these popular stocks.

Read more »

Buy, hold, and sell ratings written on signs on a wooden pole.
Broker Notes

With profits surging to $13.7 billion, are BHP shares a buy, hold or sell now?

A leading expert provides his forecast for BHP’s surging shares.

Read more »

Woman on her phone with a view of the Sydney Harbour Bridge in the background.
ASX Share Market News

5 things to watch on the ASX 200 on Tuesday

Here's what to expect on the local market today.

Read more »

Pensioner looking at his laptop.
Broker Notes

2 ASX shares that could rise up to 45% following earnings results 

These were earnings results winners.

Read more »