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

a person's legs and an arm sticks out from underneath a large ball of scrunched paper.

a person's legs and an arm sticks out from underneath a large ball of scrunched paper.

The S&P/ASX 200 Index (ASX: XJO) looks on track to end the trading week on a high note after what has been a pretty pleasing week for the ASX.

So far today, the ASX 200 has gained another 0.7%, which lifts the index to around 7,330 points. That’s a good 3.1% above where we wrapped things up last week.

So time now for a deeper dive into these happy gains. So let’s check out the ASX 200 shares currently at the top of the share market’s trading volume charts, according to investing.com.

The 3 most traded ASX 200 shares by volume this Friday

South32 Ltd (ASX: S32)

First up today is the ASX 200 mining share South32. This Friday has seen a hefty 11.62 million South32 shares change hands as it currently stands.

We haven’t had any news from this company today. However, the South32 share price has risen another 0.99% so far to $4.58 a share, which might be the smoking gun behind this high volume.

It was even better for South32 shares earlier this afternoon, too, topping out at $4.64. This comes after some new broker opinions out this morning, which could be influencing volumes here as well.

AMP Ltd (ASX: AMP)

Next up, we have the ASX 200 financial services company AMP. A sizeable 12.9 million AMP shares have bounced around the ASX at this point today. AMP has had a rather bouncy week, with the company updating investors on the terms of its upcoming Collimate Capital sale earlier this week.

Since last Friday, the AMP share price has risen by around 6.5%. Despite its flat share price today (at $1.34 a share), this impressive week might be behind so many AMP shares flying around.

Pilbara Minerals Ltd (ASX: PLS)

Our third, final and most traded ASX 200 share today is none other than Pilbara Minerals. This lithium producer has had a notable 15.5 million of its shares bought and sold thus far this session.

We haven’t seen any fresh news out of Pilbara either. But that hasn’t stopped this lithium leader’s shares from bucking the market today with a nasty loss. Pilbara Minerals shares have shed a painful 3.6% so far this Friday to $4.01 each. It’s this loss we can probably thank for the elevated volumes on display.

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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