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

blue arrows representing a rising share price ASX 200

blue arrows representing a rising share price ASX 200The S&P/ASX 200 Index (ASX: XJO) looks to be heading for a mildly happy end to the trading week so far this Friday. After what has been a bumpy short week of trading, the ASX 200 has lifted to give investors a boost going into the weekend.

At the time of writing, the Index has gained a tentative 0.16%, which lifts the ASX 200 back to around 7,300 points.

But let’s now dig a little deeper into these share market moves though by checking out the ASX 200 shares that are currently sitting atop the share market’s trading volume charts, according to 

The 3 most traded ASX 200 shares by volume this Friday

Sayona Mining Ltd (ASX: SYA)

Our first share worth a gander this Friday is the ASX 200 lithium miner Sayona. So far this session, a hefty 17.74 million Sayona shares have changed ASX owners. We did get some news from the company earlier that could help to explain this volume.

Sayona released a quarterly activities report this morning, which contained some good news regarding lithium production at its facilities. The markets seem to approve, with the Sayona share price currently enjoying a decent 2.6% bump to 19.5 cents per share.

It’s probably a combination of these events that is seeing so many Sayona shares swap hands today.

Mirvac Group (ASX: MGR)

Mirvac Group is next up today. This ASX real estate investment trust (REIT) has seen a sizeable 24.58 million units traded on the ASX boards thus far. We’ve had some news out of Mirvac too today, which is probably helping boost this REIT’s trading volumes.

As my Fool colleague went into this afternoon, Mirvac has downgraded its earnings guidance for the 2023 financial year, thanks to delayed settlement timelines. Investors don’t seem too bothered though, with the Mirvac unit price rising by a healthy 3.43% so far to $2.41 each.

With a rise of that size, it’s no surprise to see Mirvac units make an appearance this Friday.

Pilbara Minerals Ltd (ASX: PLS)

Our third, final and most traded ASX 200 share today is none other than lithium stock Pilbara Minerals. A whopping 38.15 million Pilbara shares have been bought and sold on the ASX boards as it currently stands. Pilbara is yet another company that has released a quarterly update.

As we discussed this morning, Pilbara reported a 9% quarter-on-quarter decline in lithium spodumene production over the three months to 31 March.

But again, investors don’t seem fazed at all, with the Pilbara share price rocketing by a notable 5.18% at present up to $4.16 a share. With a gain of that size, it’s no shock to see Pilbara topping our most traded ASX 200 shares list today.

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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