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

The S&P/ASX 200 Index (ASX: XJO) is having a jittery end to the trading week as it currently stands. At the time of writing, the ASX 200 has gained just 0.02% and now stands at 7,114 points, having also spent time in the red on Friday.

But rather than worry too much about that, let’s now dig deeper into the ASX 200 shares that are presently topping the market’s trading volume charts, according to investing.com.

The 3 most traded ASX 200 shares by volume this Friday

Pilbara Minerals Ltd (ASX: PLS)

First up today is ASX 200 lithium stock Pilbara Mienrals. This Friday has seen a hefty 13.55 million Pilbara shares so far take flight. There hasn’t been any news out of the company itself today.

However, as my Fool colleague Aaron pointed out this morning, the lithium producer has had a lot of attention this week. No doubt Pilbara’s bouncy share price movements today have also influenced volumes, although the company is currently flat for the day at $3.06 a share.

Lake Resources N.L. (ASX: LKE)

Another ASX 200 lithium share in Lake Resources is next up today. So far this Friday, Lake has had a sizeable 20.22 million shares swap hands. Again, we haven’t had any price-sensitive news out from the company.

So this volume looks to have been sparked by the notable volatility we have seen in the Lake Resources share price itself today. The company is currently up a decent 2.1% at $1.215 a share. But Lake rocketed as high as $1.285 a share (up more than 7%) this morning before settling down to the current level.

Telstra Corporation Ltd (ASX: TLS)

Our third, final and most traded ASX 200 share today is none other than blue-chip telco Telstra. This Friday has seen a chunky 23.94 million Telstra shares call up a new owner thus far. This could be a result of the Telstra share price adding another 0.5% to $4.12 a share today – a six-month high for the telco.

Perhaps some investors are enjoying some schadenfreude with the company too, given the disappointing reaction from the market to rival TPG Telecom Ltd (ASX: TPG)’s earnings this morning.

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

• Could Porsche’s new test run threaten the outlook for ASX lithium shares?
• Why did the Lake Resources share price pop and then stop on Friday?
• Is this ASX 200 share ESG-challenged or a recession-proof buy?
• TPG share price tumbles 9% on first half results
• 2 ASX 200 shares set to soar if we manage to avoid a recession: experts

Motley Fool contributor Sebastian Bowen has positions in Telstra Corporation Limited. 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 positions in and has recommended Telstra Corporation Limited. The Motley Fool Australia has recommended TPG Telecom Limited. 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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