In what would probably be some relief for ASX investors today, the S&P/ASX 200 Index (ASX: XJO) is enjoying something of a rebound after yesterday’s brutal selloff. At the time of writing, the ASX 200 is up a healthy 1.42% at 7,463 points.
But let’s dive a little deeper and take a look at the ASX shares coming out on top of the market’s share volume charts, according to investing.com.
3 most traded ASX 200 shares by volume this Friday
Sydney Airport (ASX: SYD)
Sydney Airport is first up this Friday. This ASX 200 infrastructure share has watched 8.63 million of its shares take flight around the ASX today. This appears to be a dead rubber. There’s not much in the way of news or announcements out from this company today. And what’s more, the Sydney Airport share price hasn’t done anything of too much note. It’s presently up 0.17% at $8.70 a share. Perhaps investors are furiously trading their shares before Sydney Airport gets delisted from the ASX when its takeover deal is completed.
South32 Ltd (ASX: S32)
ASX 200 diversified miner South32 is next up this Friday. At the time of writing, a hefty 10.6 million South32 shares have swapped hands so far. There’s no major news or announcements out of this ASX 200 share today. So we can probably put this volume down to the notable share price fall this resources share has suffered through this Friday. As it stands presently, South32 is down a nasty 1.5% at $3.91 a share. This is probably the cause of the elevated trading volume.
Pilbara Minerals Ltd (ASX: PLS)
No stranger to this list, Pilbara Minerals is our final ASX 200 share up today. This lithium producer has had a sizeable 11.54 million shares change owners thus far. Again, there are no major developments out of the company today, so it seems this volume is the result of another large share price move. But in happier news, Pilbara is currently up a robust 2.2% at $3.48 a share. This is the likely smoking gun for the high volumes of Pilbara shares we see being traded today.
The post Here are the 3 most heavily traded ASX 200 shares on Friday appeared first on The Motley Fool Australia.
Wondering where you should invest $1,000 right now?
When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for more than eight years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*
Scott just revealed what he believes could be the five best ASX stocks for investors to buy right now. These stocks are trading at near dirt-cheap prices and Scott thinks they could be great buys right now.
*Returns as of August 16th 2021
- Brokers name 3 ASX shares to buy today
- Why the South32 (ASX:S32) share price jumped 62% in 2021
- 5 best ASX 200 travel shares of 2021
- Here are the 5 best performing ASX 200 mining and resource shares of 2021
- 2 ASX travel shares that flew higher than Flight Centre (ASX:FLT) in 2021
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 Bruce Jackson.
from The Motley Fool Australia https://ift.tt/3zxx6Of