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

It’s looking like the S&P/ASX 200 Index (ASX: XJO) will end the trading week on a positive note as we barrel towards the weekend this Friday. At the time of writing, the ASX 200 has put on a pleasing 0.69%, which puts the index back over 6,890 points. 

But let’s now delve a little deeper into these market moves and have a glance at the shares currently topping the ASX 200’s share trading volume charts, according to investing.com.

The 3 most traded ASX 200 shares by volume this Friday

Lake Resources N.L. (ASX: LKE)

ASX 200 lithium shares have been dominating the market’s most traded stocks all week, and it seems this Friday is no different. So far today, a hefty 21.94 million Lake Resources shares have been exchanged on the share market.

We haven’t had any news or announcements from the company so far today. So we can probably blame this high volume on the volatility we have seen with this company’s share price during the current session. Lake Resources shares initially surged up to $1.40 each this morning. But investors seem to have gotten cold feet, with the company now down by 1.12% at $1.32 a share.

Core Lithium Ltd (ASX: CXO)

Next up is Lake’s fellow ASX 200 lithium share Core Lithium. This Friday has seen a sizeable 24.6 million Core Lithium shares swap hands as it currently stands. All is quiet on the Core Lithium news front as well. But we have seen some similar, if less dramatic, share price moves with this company as well.

Like Lake Resources, Core Lithium initially had a strong start today. But the company has given up its earlier gains, and is presently down by 0.32% at $1.60 a share. Again, it seems we have this bouncing around to thank for the elevated volumes we see.

Pilbara Minerals Ltd (ASX: PLS)

Once again, our third, final and most traded ASX 200 share today is (yet another) lithium producer in Pilbara Minerals. So far this Friday, a whopping 32.03 million Pilbara shares have been bought and sold on the markets. In contrast to the two other lithium shares on this list, Pilbara Minerals has managed to hold onto its gains during this session.

The company is presently up a pleasing 4.35% at $4.44 a share after touching yet another new all-time high of $4.48 this morning. No doubt it is this gain, and new high, that is responsible for Pilbara’s most traded crown.

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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More reading

• Why is the Global Lithium Resources share price rocketing 27% this week?
• Why are Lake Resources shares among the most shorted on the ASX?
• 4 ASX lithium shares that have rocketed more than 100% in 2022
• 5 ASX 200 lithium shares with the lowest levels of debt
• Here are the top 10 ASX 200 shares 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.

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