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

Three children wearing athletic short and singlets stand side by side on a running track wearing medals around their necks and standing with their hands on their hips.

Three children wearing athletic short and singlets stand side by side on a running track wearing medals around their necks and standing with their hands on their hips.The S&P/ASX 200 Index (ASX: XJO) looks to be on a path to ruining everyone’s weekend with a steep loss this Friday. The ASX 200 has lost a painful 2.32% and is sitting at just under 7,200 points at the time of writing.

But rather than dwelling on that loss, let’s instead take a look at the market’s share volume charts, according to investing.com.

The 3 most traded ASX 200 shares by volume this Friday

Brainchip Holdings Ltd (ASX: BRN)

Our first share to take a glance at today is tech company Brainchip. Brainchip has had a notable 32.04 million of its shares traded on the markets thus far this Friday. This company has had a rather interesting day. Instead of tanking alongside its peers in the tech space, Brainchip has instead shot higher today. It’s currently up by 5.4% at $1.08 a share.

Despite this move, there is no obvious reason why the company has risen. There’ve been no major news or announcements out of the company. But it’s likely that the strong push higher is responsible for so many shares trading today.

AVZ Minerals Ltd (ASX: AVZ)

ASX 200 lithium stock AVZ is next up today. This lithium hopeful has had a sizeable 38.86 million of its shares trade hands as it currently stands. Unfortunately for investors, this seems to be the direct result of the dreadful share price drop AVZ is enduring this Friday. The company has lost 6.9% so far and is down to 78 cents per share. We are seeing similar moves amongst many of AVZ’s peers in the metals space.

Paladin Energy Ltd (ASX: PDN)

Our third, final and most traded company today is none other than ASX 200 uranium share Paladin. Paladin has watched as a whopping 43.44 million of its shares have been bought and sold on the markets so far. But sadly, this appears to be a similar situation to that of AVZ. Expect Paladin shares have lost an even nastier 10.67% so far today and are now going for 74 cents each. It’s this steep selloff that looks to be sparking this elevated trading volume we see.

The post Here are the 3 most heavily traded ASX 200 shares on Friday appeared first on The Motley Fool Australia.

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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.

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