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

Boy looks quizzical standing in front of a graph.Boy looks quizzical standing in front of a graph.

Sadly for investors, the S&P/ASX 200 Index (ASX: XJO) has decided to give us a backwards day on this last trading day of the week. At the time of writing, the ASX 200 has dropped by an unwelcome 0.75% to around 6,600 points. 

But rather than letting that ruin our weekends, let’s focus on the ASX shares that are currently at the top of the ASX 200’s share trading volume charts, according to investing.com.

The 3 most traded ASX 200 shares by volume this Friday

Fortescue Metals Group Limited (ASX: FMG)

A rare appearance from iron ore giant Fortescue marks our first ASX 200 share today. This Friday has seen 7.69 million Fortescue shares swap hands as it currently stands. There’s been no news out of the miner so far today.

So we can probably assume this volume is the result of the dip in the Fortescue share price itself. Fortescue has lost a nasty 4.71% today and is down to $16.59 a share, amid a big fall in commodity prices over the past 24 hours.

BHP Group Ltd (ASX: BHP)

Another rare appearance, next up we have the ‘Big Australian’, and largest share on the ASX 200, BHP. This Friday has seen a notable 8.23 million BHP shares change owners so far today.

Just like with Fortescue, this seems to be a consequence of the share market’s moves. BHP has also copped a big hit, falling by 3.26% to $36.18 a share.

South32 Ltd (ASX :S32)

And it’s three for three today in terms of ASX 200 mining shares, with diversified resources company South32 taking out the final and most traded medal. So far today, a sizeable 11.3 million South32 shares have been bought and sold on the public markets.

Once more, it seems as though a nasty share price drop is the culprit here. So far this Friday, the South32 share price has lost 3.67% of its value and is now down to $3.41 a share.

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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