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

It looks as though the S&P/ASX 200 Index (ASX: XJO) is set to end the week on a high note. At the time of writing, the ASX 200 has risen by a decent 0.21% to just under 7,260 points. If the index finishes up in the green today, it will be the fourth positive day in a row.

But let’s now dive deeper into these gains by taking a look at the shares currently topping the ASX 200’s share trading volume charts, according to investing.com.

The 3 most traded ASX 200 shares by volume this Friday

Liontown Resources Ltd (ASX: LTR)

Our first share worth checking out this Friday is ASX 200 lithium stock Liontown Resources. So far today, a hefty 11 million Liontown shares have found a new ASX home. We haven’t had any fresh news out of Liontown today.

However, ASX 200 lithium shares seem to be on the nose this session. This follows what could be weakening growth in the lithium-hungry Chinese economy, as my Fool colleague dove into earlier today.

In Liontown’s case, we have seen a nasty 4.95% drop, putting the company at $1.98 a share. It’s this share price fall that is probably behind Liontown’s presence on our list.

Core Lithium Ltd (ASX: CXO)

Another ASX 200 lithium share is next in Core Lithium. This Friday has had a sizeable 23.08 million Core Lithium shares bought and sold at this point. It looks as though we have a similar situation going on here to that of Liontown.

Core Lithium shares are also facing investors’ cold feet this Friday. In this case, we have an even more disappointing 5.2% share price drop to report, which puts Core Lithium at $1.4 a share at the time of writing. Again, it’s this drop that has probably caused the volumes we are seeing.

Pilbara Minerals Ltd (ASX: PLS)

Our third, final and most traded ASX 200 share of the day thus far is yet another ASX 200 lithium stock. Pilbara Minerals has watched a whopping 34.8 million of its shares swap hands as it currently stands.

At risk of receiving the ‘broken record’ label, again we see a massive share price drop that seems to be the culprit behind the high share volumes on display here.

Unfortunately for Pilbara shareholders, this lithium producer is leading the losses today, down a nasty 6.9% to $4.45 a share at present.

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

• Why City Chic, Deep Yellow, Objective Corp, and Pilbara Minerals shares are falling
• What could be sending the Pilbara Minerals share price 7% lower today?
• Here’s why ASX 200 lithium shares are ending the week with a fizzle
• ASX 200 company banned from selling its products. Here’s why
• If I’d bought $5,000 of Core Lithium shares at the start of this financial year, guess how much I’d have now?

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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