These 3 ASX 200 shares are topping the volume charts this Friday

Two male ASX investors and executives wearing dark coloured suits sit at a table holding their mobile phones discussing the highest trading ASX 200 shares todayTwo male ASX investors and executives wearing dark coloured suits sit at a table holding their mobile phones discussing the highest trading ASX 200 shares today

The S&P/ASX 200 Index (ASX: XJO) is looking likely to end the week on a high thus far during this Friday’s trading session. At the time of writing, the ASX 200 is up by a solid 0.37% at just over 7,410 points.

But let’s dig somewhat deeper into these gains and examine the ASX 200 shares with the highest trading volumes today, according to investing.com.

The 3 most traded ASX 200 shares by volume on Friday

Nickel Mines Ltd (ASX: NIC)

Nickel Mines is our first ASX 200 share to take a look at today. So far, a sizeable 12.84 million Nickel Mines shares have found their way around the share market. There have been no major announcements out of the company today, although yesterday we did get a notice that one of the company’s directors had picked up a large tranche of Nickel Mines shares.

However, today’s volume is more likely to have been caused by the wild price swings we have seen in the company’s shares today. Nickel Mines is currently down 0.77% at $1.29 a share. But the miner has had multiple stints in both positive and negative territories over the trading day.

Pilbara Minerals Ltd (ASX: PLS)

An ASX 200 lithium share is up next in Pilbara Minerals. Pilbara has had a notable 14.29 million shares bought and sold on the markets thus far this Friday. Again, this seems to be a consequence of some dramatic share price movements, rather than any news out of the company itself.

In Pilbara’s case, today’s high volume is good news for shareholders. Pilbara is currently up by a robust 3.05% at $3.21 a share, which puts this company’s five-day gains at a strong 10.9%.

AVZ Minerals Ltd (ASX: AVZ)

Another ASX 200 lithium share rounds out our list today. AVZ is currently the top trading ASX 200 company, with a hefty 30 million shares having found a new home thus far this Friday.

This miner also appears to be enjoying the benefits of a strong share price performance today. In this case, the AVZ share price is presently up a pleasing 3.62% to $1.15. What’s more, AVZ hit a new all-time high of $1.17 in earlier trading today. It’s this combination that is almost certainly behind the elevated trading volumes we are seeing.

The post These 3 ASX 200 shares are topping the volume charts this Friday appeared first on The Motley Fool Australia.

Should you invest $1,000 in AVZ Minerals right now?

Before you consider AVZ Minerals, you’ll want to hear this.

Motley Fool Investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and AVZ Minerals wasn’t one of them.

The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.* And right now, Scott thinks there are 5 stocks that are better buys.

*Returns as of January 13th 2022

More reading

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/J6xK1so

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *