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

The S&P/ASX 200 Index (ASX: XJO) ended the week with a disappointing fall on Friday. By market close today, the ASX 200 had shed 0.87% of its value, putting it down to 6,785.7 points.

But rather than dwelling on that sad end to the trading week, let’s instead check out the shares that topped the ASX 200’s share trading volume charts, according to investing.com.

The 3 most traded ASX 200 shares by volume this Friday

Pilbara Minerals Ltd (ASX: PLS)

Fist up this Friday was ASX 200 lithium share Pilbara Minerals. A hefty 24.90 million Pilbara shares traded on the ASX today. 

There wasn’t any news from the company itself during this session. However, we still saw a big drop in the value of Pilbara shares. The lithium producer finished up at $4.87 a share, down a nasty 4.70% for the day. It’s this fall that probably elicited so many Pilbara shares finding a new home.   

Core Lithium Ltd (ASX: CXO)

Next up is another lithium company in Core Lithium. Today’s session saw 23.80 million Core Lithium shares exchanged. This company didn’t have any news out today either.

Saying that, we did have the big announcement yesterday, revealing that the supply deal Core Lithium had with Tesla was off, to consider. Combined with Core Lithium’s further 2.90% slide today, this is probably the cause of these elevated volumes we have seen.

BrainChip Holdings Ltd (ASX: BRN)

Our third, final and most traded ASX 200 share is tech company BrainChip. A whopping 43.79 million BrainChip shares changed hands today by the market close. This was almost certainly pushed along by the poorly-received quarterly update the company put out this morning.

As my Fool colleague covered at the time, this revealed the company banked $118,000 in revenue over the quarter in question. Investors weren’t impressed and sent the company down 21.18% to 67 cents a share. No wonder so many shares were flying around.

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

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More reading

• Here are the top 10 ASX 200 shares today
• Are non-producing ASX lithium companies now way over-priced?
• Why Brainchip, Calix, Fortescue, and ResMed shares are sinking
• Why are ASX 200 tech shares getting bashed around today?
• Why did this ASX All Ordinaries share crash 18% 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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