The S&P/ASX 200 Index (ASX: XJO) has decided to put a positive spin towards the end of the week on Friday. At the time of writing, the ASX 200 has gained a healthy 0.73% today and is now well back over 7,200 points. TGIF indeed.
But let’s now delve deeper into these ASX gains and have a look at the shares that are currently at the top of the ASX 200’s share volume charts, according to investing.com.
The 3 most traded ASX 200 shares by volume this Friday
South32 Ltd (ASX: S32)
Resources giant South32 is our first ASX 200 share to check out this Friday. So far today, a hefty 13.2 million of this diversified miner’s shares have been bought and sold on the markets. This doesn’t appear to be the result of anything out of the company itself.
Saying that, the South32 share price has enjoyed a strong move higher today. The company is currently up a pleasing 2.11 % at $5.08 a share. This is probably the source of these higher volumes.
Liontown Resources Limited (ASX: LTR)
ASX lithium share Liontown Resources is next up this Friday. This trading day has seen a sizeable 14.72 million Liontown shares trade hands as it currently stands. This has almost certainly been caused by the massive jump we have seen in this company’s shares today.
After a painful week of selling, Liontown shares have bounced back with a vengeance this Friday. The company is currently up a whopping 5.46% so far at $1.26 a share. Even so, Liontown still remains down more than 8% over the past five trading days.
Pilbara Minerals Ltd (ASX: PLS)
Another ASX 200 lithium share in Pilbara rounds out our list today. So far, a notable 38.31 million Pilbara shares have bounced around the share market at this point of the trading day. Like Liontown, Pilbara shares have been steamrolling ahead after a painful week.
In Pilbara’s case, we have seen the company gain an impressive 5.26% during today’s trading session. No wonder so many shares have been traded.
The post Here are the 3 most traded ASX 200 shares on Friday appeared first on The Motley Fool Australia.
Should you invest $1,000 in Liontown Resources right now?
Before you consider Liontown Resources, 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 Liontown Resources 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
- One broker’s outlook for lithium supply and demand and what it could mean for ASX lithium shares
- ASX 200 midday update: Healius disappoints, BHP and Fortescue storm higher
- Could the Pilbara share price take off in June?
- It was an eventful month for Liontown shares in May. Here’s what went down
- Was May a good month for the Pilbara Minerals share price?
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.
from The Motley Fool Australia https://ift.tt/2l3Sd89