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

The S&P/ASX 200 Index (ASX: XJO) is enjoying a robust end to the trading week so far this Friday. At the time of writing, the ASX 200 is up by a decent 0.58% at just over 6,680 points.

So let’s delve deeper into these gains today, and check out the ASX 200 shares that are currently topping the market’s share trading volume charts today, according to investing.com. See if you can spot a theme today.

The 3 most traded ASX 200 shares by volume this Friday

Core Lithium Ltd (ASX: CXO)

First up today is Core Lithium. This ASX 200 lithium stock has had a hefty 14.67 million of its shares bounce around the share market so far this Friday. There have been no developments out of Core Lithium itself today, however, the company’s shares have had a very bumpy trading session.

Core Lithium initially opened up more than 4% this morning. But investors seem to have gotten cold feet and have sent the shares lower over today’s session. At present, Core Lithium has now seen its lead whittled back to a 0.53% gain. It’s probably these big moves that have elicited the high trading volumes we see.

Pilbara Minerals Ltd (ASX: PLS)

Our next ASX 200 share is a fellow lithium producer in PIlbara Minerals. In Pilbara’s case, we’ve seen a notable 18.21 million shares bought and sold at the present time.

There’s no news to speak of out of Pilbara either. So this volume can probably be explained by the monster 7.5% this company has gained over today so far. Yes, Pilbara shares are now trading at $2.36 after closing at $2.20 yesterday.

Lake Resources N.L. (ASX: LKE)

Our third and final ASX 200 share for today is yet another ASX lithium stock. Lake Resources has had a whopping 20.1 million shares change hands as it currently stands. Like Core Lithium, Lake Resources shares initially lit up this morning and rose by 8.21% at one point.

But sentiment has also cooled slightly, and the company is now up by 4.57% at 73 cents a share. Again, it is probably these gyrations that have elicited such a huge trading volume metric this Friday.

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

(function() {
function setButtonColorDefaults(param, property, defaultValue) {
if( !param || !param.includes(‘#’)) {
var button = document.getElementsByClassName(“pitch-snippet”)[0].getElementsByClassName(“pitch-button”)[0];
button.style[property] = defaultValue;
}
}

setButtonColorDefaults(“#43B02A”, ‘background’, ‘#5FA85D’);
setButtonColorDefaults(“#43B02A”, ‘border-color’, ‘#43A24A’);
setButtonColorDefaults(“#fff”, ‘color’, ‘#fff’);
})()

More reading

• These 3 ASX 200 lithium stocks are exploding on Friday
• Pilbara Minerals share price blasts 8% higher as lithium regains attention
• Why is the Life360 share price soaring 12% today?
• Lake Resources shares are the most traded today. What’s going on?
• Down 40% in 2022: Is the Xero share price a buy today?

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/zSHL4jK