The S&P/ASX 200 Index (ASX: XJO) looks set to end the trading week on a positive note after a pretty lacklustre few days. At the time of writing, the ASX 200 is up by 0.17% at 7,308 points.
But let’s dive a little deeper and check out the ASX 200 shares topping the volume charts in late afternoon trade, according to investing.com.
3 most traded ASX 200 shares by volume on Friday
Zip Co Ltd (ASX: Z1P)
ASX 200 BNPL share Zip is our first heavily traded share for today. Zip Co has seen a hefty 12.68 million of its shares bought and sold on the market thus far. This is likely to be a consequence of the nasty share price tumble that Zip has suffered through this Friday.
Zip shares are currently down by 5.62% at $4.20, after dipping as low as $4.05 this morning — a new 52-week low. This move comes after news that US regulators are reportedly looking into further regulation of the American buy now, pay later space.
South32 Ltd (ASX: S32)
ASX 200 resources share South32 is next up this Friday. So far, this diversified miner has seen a notable 13.43 million shares trade owners on the ASX today. With no news or developments out of South32 today, this move can likely be put down to the 1.31% boost to its share price. At the time of writing, South32 shares are trading for $3.88. Together with South32’s ongoing share buybacks, this is probably why we see this company make ‘the list’ today.
Telstra Corporation Ltd (ASX: TLS)
Telstra is our final and most traded ASX 200 share this Friday. The telco has had a sizeable 22.4 million shares traded on the market thus far today. Just like South32, there’s not much happening with Telstra in the news department today, other than share buybacks and a modest share price rise. Again, this combination is the likely cause of so many shares being traded. Telstra is currently up 0.12% today to $4.11 a share, just a touch off of its 52-week high of $4.13.
The post Here are the 3 most heavily traded ASX 200 shares this Friday appeared first on The Motley Fool Australia.
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More reading
- Latitude (ASX:LFS) boss warns many ASX BNPL companies “will go out of business”
- BNPL whacked! Why the Afterpay (ASX:APT) share price is down 7% to a new 52-week low today
- ASX 200 (ASX:XJO) midday update: BNPL shares sold off, Corporate Travel returns
- Zip (ASX:Z1P) share price dives 8% amid US concerns and Sezzle merger rumbles
- ASX BNPL shares tumble today amid US probe
Motley Fool contributor Sebastian Bowen owns Telstra Corporation Limited. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns and has recommended ZIPCOLTD FPO. The Motley Fool Australia owns and has recommended Telstra Corporation Limited. 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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