The S&P/ASX 200 Index (ASX: XJO) looks like it wants to end the trading week on a low point this Friday. At the time of writing, the ASX 200 is down by 0.59% at 7,341 points.
But rather than dwelling on that, let’s instead check out the ASX 200 shares currently topping the market’s volume charts, according to investing.com.
3 most active ASX 200 shares by volume this Friday
Nine Entertainment Co Holdings Ltd (ASX: NEC)
Media giant Nine is our first ASX 200 share experiencing high volumes this Friday. In Nine’s case, a hefty 9.45 million shares have traded thus far today. It’s not quite clear why this is the case. There have been no major developments out of the company today. And the Nine share price hasn’t made any dramatic moves. It’s currently sitting at $2.90, up 0.35% so far today.
However, we have seen some significant volatility here. Nine shares have been as low as $2.83 and as high as $2.192 after opening at $2.90 this morning. Perhaps this volatility is behind the elevated trading volume we see.
South32 Ltd (ASX: S32)
Diversified ASX 200 mining company South32 is next up. This resources giant has had a sizeable 10.72 million of its shares find new owners thus far today. Again, there’s not much going on in the South32 news department this Friday. However, South32 shares are still up a healthy 1.45% so far today at $3.36 each. We covered a positive broker report on South32 yesterday as well, so perhaps that is in play too.
Sydney Airport (ASX: SYD)
Sydney Airport is our last and most traded ASX 200 share thus far this Friday. A chunky 14.53 million SYD shares have been bought and sold so far today. Not much is happening with the Sydney Airport share price today. It’s currently at $8.60, up 0.12%.
However, this company has been flying around the ASX boards this week, ever since we found out that the Australian Competition and Consumer Commission (ACCC) announced it would give the green light to Sydney Airport’s proposed takeover offer from Sydney Aviation Alliance. That might be what’s going on today.
The post These 3 ASX 200 shares are topping the volume charts on Friday appeared first on The Motley Fool Australia.
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More reading
- Brokers name 3 ASX shares to buy today
- ASX 200 (ASX:XJO) midday update: Fortescue CEO steps down, Westpac buyback update
- 2 highly rated ASX 200 shares to buy
- If this is poker, we’re now ALL-IN on ASX shares: expert
- 5 things to watch on the ASX 200 on Friday
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 Bruce Jackson.
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