• Here are the top 10 ASX 200 shares today

    A group of friends watch the game at the pub whilst enjoying a few drinks, one girl has her hand up cheering.A group of friends watch the game at the pub whilst enjoying a few drinks, one girl has her hand up cheering.

    The S&P/ASX 200 Index (ASX: XJO) surged to a five-month high on Friday following a ripper session on Wall Street. The index closed 2.79% higher at 7,158 points. That left it 3.85% higher week-on-week.

    It followed a major rally in New York as the latest US inflation data drove the nation’s markets sky-high. The US consumer price index lifted 0.4% in October and 7.7% over the prior 12 months, bolstering hopes the Federal Reserve might ease up on rate hikes.

    The Dow Jones Industrial Average Index (DJX: .DJI) lifted 3.7% overnight while the S&P 500 Index (SP: .INX) gained 5.5% and the tech-heavy Nasdaq Composite Index (NASDAQ: .IXIC) rocketed 7.3%.

    It likely comes as no surprise, therefore, that the S&P/ASX 20 Information Index (ASX: XIJ) led the Aussie bourse today, gaining 5%.

    The S&P/ASX 200 Health Care Index (ASX:XHJ) and the S&P/ASX 200 Materials Index (ASX: XMJ) were also bright sparks, lifting 3.6% and 3.7%, respectively.

    Meanwhile, the S&P/ASX 200 Utilities Index (ASX: XUJ) was the only sector to close in the red, falling 0.5%.

    The S&P/ASX 200 Energy Index (ASX: XEJ) also underperformed, gaining just 0.7%.

    But which ASX 200 share topped the lot on a day of massive gains? Keep reading to find out.

    Top 10 ASX 200 shares countdown

    Today’s top-performing ASX 200 share was Megaport Ltd (ASX: MP1). The stock followed its home sector higher on Friday, lifting 13.6%.

    The company dropped a non-price sensitive release yesterday evening, announcing its major shareholder, Mitsubishi UFJ Financial Group had upped its stake in the company by 1% to 12% last night.

    Today’s biggest gains were made by these shares:

    ASX-listed company Share price Price change
    Megaport Ltd (ASX: MP1) $6.11 13.57%
    Pinnacle Investment Management Group Ltd (ASX: PNI) $9.00 12.5%
    Netwealth Group Ltd (ASX: NWL) $13.87 11.67%
    Block Inc (ASX: SQ2) $100.91 11.53%
    Pro Medicus Limited (ASX: PME) $58.50 11.45%
    Credit Corp Group Limited (ASX: CCP) $20.35 11.2%
    St Barbara Ltd (ASX: SBM) $0.62 10.71%
    WiseTech Global Ltd (ASX: WTC) $57.86 10.38%
    Magellan Financial Group Ltd (ASX: MFG) $10.00 9.77%
    REA Group Limited (ASX: REA) $121.70 9.65%

    Our top 10 shares countdown is a recurring end-of-day summary to let you know which companies were making big moves on the day. Check in at Fool.com.au after the weekday market closes to see which stocks make the countdown.

    The post Here are the top 10 ASX 200 shares today appeared first on The Motley Fool Australia.

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    Motley Fool contributor Brooke Cooper has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Block, Inc., MEGAPORT FPO, Netwealth, PINNACLE FPO, Pro Medicus Ltd., and WiseTech Global. The Motley Fool Australia has positions in and has recommended Block, Inc., Netwealth, PINNACLE FPO, Pro Medicus Ltd., and WiseTech Global. The Motley Fool Australia has recommended MEGAPORT FPO and REA Group 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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  • Analysts say these ASX growth shares are buys

    a man sits at his desk wearing a business shirt and tie and has a hearty laugh at something on his mobile phone.

    a man sits at his desk wearing a business shirt and tie and has a hearty laugh at something on his mobile phone.

    Are you interested in adding some more ASX shares to your portfolio in November?

    Three ASX growth shares that could be in the buy zone are listed below. Here’s why analysts are bullish on them:

    Allkem Ltd (ASX: AKE)

    The first ASX growth share that has been tipped as a buy is Allkem. It is one of the world’s largest lithium miners with a growing portfolio of projects across various product types. From these projects, the company is aiming to grow its production in a way that allows it to maintain a 10% share of global lithium supply over the long term. This bodes well for its earnings growth in the coming years, especially given the insatiable demand for the battery making ingredient.

    Macquarie’s analysts are very bullish on Allkem thanks to its expectation that lithium prices will remain higher for longer. It currently has an outperform rating and $22.00 price target on its shares.

    Aristocrat Leisure Limited (ASX: ALL)

    Another ASX growth share that has been tipped as a buy is Aristocrat Leisure. Its is gaming technology company with a world class portfolio of games. These include poker machines and digital games. The latter has approximately ~20 million monthly active users, which is generating significant recurring revenues. But it doesn’t stop there. The company is looking to expand into the real money gaming market and is undertaking a $500 million share buyback.

    Citi is bullish on the company and has a buy rating and $40.20 price target on its shares.

    REA Group Limited (ASX: REA)

    Another ASX growth share to look at is REA Group. It is the leading player in online real estate listings in the Australian market. Earlier this week, the company released its first quarter update and revealed a 16% increase in revenue to $305 million and an 11% lift in operating EBITDA to $131 million. This was underpinned by 121.9 million average monthly visits during the period, which is 3.3 times more visits than the nearest competitor.

    Goldman Sachs was pleased with the update. In response, the broker has retained its buy rating with a $159.00 price target on its shares.

    The post Analysts say these ASX growth shares are buys appeared first on The Motley Fool Australia.

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    Motley Fool contributor James Mickleboro has positions in Allkem 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 recommended REA Group 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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  • Inflation got you putting off retirement? Buying ASX 200 dividend shares now could help

    A senior couple sets at a table looking at documents as a professional looking woman sits alongside them as if giving retirement and investing advice.A senior couple sets at a table looking at documents as a professional looking woman sits alongside them as if giving retirement and investing advice.

    Are you looking to retire in the near future but concerned about the potential impacts of inflation? One way to take charge is to invest in inflation hedges such as some S&P/ASX 200 Index (ASX: XJO) dividend shares.

    ASX 200 dividend shares as retirement inflation protection

    Why I would consider inflation when planning my retirement

    Inflation has been the talk of the ASX town in 2022 as its impacts wreak havoc on global economies and consumers’ hip pockets.

    But why should Aussies looking to retire consider inflation?

    Well, inflation causes the prices of goods and services to increase. As a result, a person’s cash savings will command less and less purchasing power as the years go by.

    That means what might have once been a healthy retirement savings account might not be as helpful years or decades after its holder retires.

    Fortunately, investing in inflation hedges can help to protect savings from such pressures.

    What are inflation hedges?

    An inflation hedge is an asset that is generally immune from inflation or can provide returns greater than the inflation rate.

    Gold, for instance, is often heralded as an inflation hedge as its value tends to rise alongside the measure. Property can also be an inflation hedge if its value climbs by the same rate or higher than inflation.

    Finally, ASX 200 dividend shares can be a comparatively simple inflation hedge for investors to take advantage of.

    Though, it’s worth mentioning that no investment is guaranteed to provide returns nor capital protection.

    ASX 200 dividend shares as an inflation hedge

    If I were about to retire and worried about inflation, I would consider investing in ASX 200 dividend shares.

    Not only do they have the potential to provide capital returns – in the form of rising share prices – but they can also offer cash dividends, while many ASX 200 blue-chip stocks might provide greater stability than, say, growth shares.

    Of course, that means ASX 200 dividend stocks have the capability to protect an initial investment while also providing passive income. Though, neither can be guaranteed.

    Dividends generally represent a portion of a company’s profits in a particular period. Thus, a company’s dividends can also grow alongside its business. If that is the case, even a person’s passive income could be protected from inflation.

    And right now, some ASX 200 shares are likely trading at bargain prices, having been driven down alongside the index. It’s down nearly 6% year to date. Though, it provided an average annual return of 6.6% over the 10 years ended 2021.

    If I were seeking out ASX 200 dividend shares to buy, I’d be looking for quality stocks trading at cheap prices compared to their underlying valuations. I would also be looking to build a diverse portfolio. Doing so will help protect against single-sector or company downturns.

    The post Inflation got you putting off retirement? Buying ASX 200 dividend shares now could help appeared first on The Motley Fool Australia.

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    Motley Fool contributor Brooke Cooper 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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  • Why is the Core Lithium share price having such a top run on Friday?

    A graphic showing a businessman running up a white upwards rising arrow symbolising the soaring Magellan share price todayA graphic showing a businessman running up a white upwards rising arrow symbolising the soaring Magellan share price today

    The Core Lithium Ltd (ASX: CXO) share price was is a star among ASX lithium shares today.

    Core Lithium shares are jumping 4.69% to fetch $1.675 on Friday. For perspective, the S&P/ASX 200 Index (ASX: XJO) is lifting 2.78% today.

    Let’s take a look at what is impacting the Core Lithium share price on Friday.

    What’s going on?

    Core Lithium was not the only ASX lithium share rising today. For example, Allkem Ltd (ASX: AKE) shares are leaping 1.9%, while Lake Resources N.L. (ASX: LKE) shares are jumping 4.21%.

    Core Lithium appears to follow in the footsteps of US lithium shares. Livent Corp (NYSE: LTHM) shares soared 8.69% overnight, while Sociedad Quimica y Minera de Chile (NYSE: SQM) rose 4%.

    This followed the best US stock market rally in two years. A better than expected US inflation report lifted shares, with the US consumer price index rising just 0.4% in a month. Tim Courtney from Exencial Wealth said, in comments cited by CNBC:

    Interest rates are still running everything in markets.

    With today’s CPI number coming down, the market is now betting pretty clearly that they think the interest rate [rises] are coming close to an end. So, you see those interest rate sensitive stocks doing really, really well.

    Meanwhile, Global Lithium LLC founder Joe Lowry had some positive news on the lithium price today. Asked by 3AW if high lithium prices can be sustained in the medium term, he said:

    Absolutely, it’s all supply and demand, and the EV market is taking off, driving demand.

    There’s really nothing in the cards in the few years to bring the price back to the old level.

    Share price snapshot

    Core Lithium has soared 184% in the year to date, while it has surged 47% in the past month.

    For perspective, the ASX 200 has lost 3% in the past year.

    Core Lithium has a market capitalisation of more than $3 billion based on the current share price.

    The post Why is the Core Lithium share price having such a top run on Friday? appeared first on The Motley Fool Australia.

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    Motley Fool contributor Monica O’Shea 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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  • 3 ASX 200 lithium shares smashing all-time highs on Friday

    a small boy dressed in a superhero outfit soars into the sky with a graphic backdrop of a cityscape.

    a small boy dressed in a superhero outfit soars into the sky with a graphic backdrop of a cityscape.

    It’s been a phenomenal day for the S&P/ASX 200 Index (ASX: XJO) so far this Friday. At present, the ASX 200 has gained a stunning 2.6% and is back over 7,100 points. But it’s been an even better day for ASX 200 lithium shares.

    Lithium shares across the board are enjoying some incredible gains. But here are three that have just clocked brand new all-time record highs this session.  

    3 ASX 200 lithium shares clocking record highs today

    Mineral Resources Limited (ASX: MIN)

    First up is the diversified mining company Mineral Resources. Mineral Resources might not be a pureplay lithium share. But it does have significant skin in the game with ownership of two Western Australian lithium projects.

    That has clearly helped investor sentiment this week. Mineral Resources has seen not one, but two new all-time highs over the trading week. One on Wednesday and another today.

    This Friday has seen the Mineral Resources share price hit a high of $85.56, the new high watermark.

    Saying that, investors have cooled off on the company over the trading day, and Mineral Resources shares are now in the red, down 0.7% at $81.28 a share. Even so, the new high still stands.

    Allkem Ltd (ASX: AKE)

    Allkem is another ASX 200 lithium share enjoying this week’s spoils. Allkem deals with more steps of the lithium supply chain than many others, with mines across the globe and lithium carbonate facilities in Argentina.

    Again, this is a company that spiked in value this morning, only to ebb down over the session. At present, it is still in the green, up 1.65% at $16.04 a share. But just after market open this Friday, Allkem shares hit a new record high of $16.75 a share. That’s after Allkem closed at just $515.78 a share yesterday.   

    IGO Ltd (ASX: IGO)

    Finally today, let’s discuss the nickel and lithium explorer, producer and refiner IGO. IGO is another ASX 200 lithium share that saw its success in the early hours of today’s session. The IGO share price finished up at $16.25 yesterday afternoon.

    But the company opened at $17.32 a share this morning, which ended up being the high point of the day, and IGO’s new all-time high. Again, investors have steadily sent IGO shares lower over the trading day, but the company remains up 1.78% at $16.54 a share at the time of writing.    

    The post 3 ASX 200 lithium shares smashing all-time highs 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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  • Here’s why this ASX 200 healthcare share is racing 5% higher

    a doctor in a white coat makes a heart shape with his hands and holds it over his chest where his heart is placed.

    a doctor in a white coat makes a heart shape with his hands and holds it over his chest where his heart is placed.

    The Ramsay Health Care Limited (ASX: RHC) share price is ending the week on a high.

    In afternoon trade, the private hospital operator’s shares are beating the ASX 200 index with a 5% gain to $62.02.

    Why is the Ramsay share price beating the ASX 200?

    Investors have been bidding the Ramsay share price higher on Friday following the release of the company’s first quarter update.

    According to the release, activity levels improved across all regions over the quarter compared to the prior corresponding period. Management advised that this reflects the decline in COVID cases in the community.

    In light of this, the COVID impact on its profits in Australia and the UK fell from $44 million in July to just $5.9 million in September. The total impact across the quarter in these markets is estimated to have been $64.4 million.

    Ramsay also revealed that it has been fighting rising costs. It advised that it is focused on negotiating improved terms with payors to reflect higher staffing costs related to labour shortages and inflationary pressures. Management notes that it finalised satisfactory new agreements with a number of private payors over the quarter.

    This ultimately led to Ramsay reporting a 6.7% increase in revenue to $3,445.4 million and a 2.3% decline in EBITDA to $410.6 million for the first quarter.

    Outlook

    Pleasingly, this momentum has carried over into October, with Ramsay starting the second quarter positively. Looking ahead, management appears optimistic that it is onwards and upwards from here.

    It commented:

    The outlook for the Group remains strong as the business is well placed to take advantage of the positive long-term dynamics driving the healthcare industry. Ramsay expects a gradual recovery through FY23 and more normalised conditions from FY24.

    The Ramsay share price remains down 13.5% in 2022 despite today’s decline.

    The post Here’s why this ASX 200 healthcare share is racing 5% higher appeared first on The Motley Fool Australia.

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    Motley Fool contributor James Mickleboro 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 recommended Ramsay Health Care 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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  • Why Computershare, Jervois Global, Origin, and Whitehaven Coal shares are sinking

    A young woman holds an open book over her head with a round mouthed expression as if to say oops as she looks at her computer screen in a home office setting with a plant on the desk and shelves of books in the background.

    A young woman holds an open book over her head with a round mouthed expression as if to say oops as she looks at her computer screen in a home office setting with a plant on the desk and shelves of books in the background.

    In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is on course to end the week with a stunning gain. At the time of writing, the benchmark index is up 2.7% to 7,154.2 points.

    Four ASX shares that have failed to follow the market higher today are listed below. Here’s why they are falling:

    Computershare Limited (ASX: CPU)

    The Computershare share price is down 3% to $26.21. This could be due to profit taking after a strong gain on Thursday and the latest inflation reading in the United States. With inflation coming in lower than expected, investors are betting that interest rates may not rise as much as feared. This would be a negative for Computershare given its positive leverage to rising rates.

    Jervois Global Ltd (ASX: JRV)

    The Jervois Global share price is down 19% to 40.7 cents. This follows the completion of a $231 million institutional placement and entitlement offer. The mineral exploration company raised the funds at a discount of 42 cents per share. The proceeds will be used to support the restart of the São Miguel Paulista refinery in Brazil, ramp up Idaho Cobalt Operations in the United States, and progress a bankable feasibility study for expansion of its cobalt refinery capacity in Finland.

    Origin Energy Ltd (ASX: ORG)

    The Origin share price is down 3.5% to $7.55. This may have been driven by profit taking after a huge gain on Thursday following the receipt of a takeover approach. In addition, concerns that the $18.4 billion deal may not get approved by regulators could be weighing on sentiment today. Origin is trading well below the offer price of $9.00 cash per share.

    Whitehaven Coal Ltd (ASX: WHC)

    The Whitehaven Coal share price is down 5% to $7.91. Investors have been hitting the sell button on Friday amid concerns the government could introduce temporary taxes on coal miners. When asked about the potential for a new temporary tax on gas and thermal coal, Prime Minister Anthony Albanese said: “Well, what we know is that we can’t just sit back and watch while energy prices go through the roof for households and for businesses.”

    The post Why Computershare, Jervois Global, Origin, and Whitehaven Coal shares are sinking appeared first on The Motley Fool Australia.

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    Motley Fool contributor James Mickleboro 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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  • Why Wesfarmers shares could be a dirt-cheap buy right now

    A man in a suit smiles at the yellow piggy bank he holds in his hand.

    A man in a suit smiles at the yellow piggy bank he holds in his hand.

    The Wesfarmers Ltd (ASX: WES) share price has been going upwards in recent weeks. In the last month alone it has risen by around 7%.

    However, there’s an argument to say that the business is still cheap.

    For starters, the Wesfarmers share price still registers a decline of more than 20% this year amid strong inflation and higher interest rates.

    A decline by itself doesn’t mean that the business is of good value. It’s possible for a company to fall and it’s (still) expensive.

    Quality retail portfolio

    The broker Morgans likes the business because of its “quality retail portfolio” and “highly regarded management team”, as reported by my colleague James Mickleboro.

    Wesfarmers owns a number of different retail businesses including Bunnings, Kmart, Officeworks, Catch, Target and Priceline.

    I think that Bunnings, Officeworks and Kmart are leaders in their respective sections of the retail world.

    It’s worth paying up for the leader of an industry, in my opinion, assuming it has a promising future.

    For what it’s worth, Morgans has a price target of $55.60 on the Wesfarmers share price, which implies a possible rise of more than 15%.

    Director buying

    I think it’s worth pointing out that a director has been buying shares of Wesfarmers recently, according to reporting by my colleague Sebastian Bowen.

    When the leadership deem the shares to be worth buying on the market, that could be a useful buying signal.

    Mike Roche reportedly bought another 1,500 shares at $44.94 per share.

    Long-term potential of Wesfarmers shares

    I like to invest in businesses that I could hold forever. It’s easier if you don’t have to worry about when to sell shares, and this strategy can also reduce/remove the impediments of brokerage and taxes on capital gains.

    Wesfarmers is the type of business I could see myself holding forever. Not only does it currently own a quality portfolio, but it has the flexibility to adjust its portfolio of businesses over time. For example, it recently started a healthcare division after the acquisition of Priceline, Soul Pattinson Chemists and Clear Skincare Clinics.

    I think the Wesfarmers share price is at a cheap enough level to buy and own for the long term.

    According to Commsec, it’s valued at 22 times FY23’s estimated earnings. I think this is a good price for a great business.

    The post Why Wesfarmers shares could be a dirt-cheap buy right now appeared first on The Motley Fool Australia.

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    Motley Fool contributor Tristan Harrison 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 positions in and has recommended Wesfarmers 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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  • Here are the 3 most 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.

    What a day it has been for the S&P/ASX 200 Index (ASX: XJO) and ASX shares this Friday so far.

    After yesterday’s loss, the ASX 200 has bounced back with a vengeance after a stunning night on the US markets last night. At the time of writing, the ASX 200 has rocketed by a pleasing 2.7%, propelling it back over 7,100 points.

    But it’s time to dig deeper into these market moves. So let’s take a look at the shares that are currently dominating the ASX 200’s share trading volume charts right now, according to investing.com.

    The 3 most traded ASX 200 shares by volume this Friday

    Origin Energy Ltd (ASX: ORG)

    Our first share up for discussion this Friday is the ASX 200 energy utility company Origin Energy. So far this session, a hefty 26.1 million Origin shares have been transferred to a new address. After rising almost 35% yesterday on the back of a takeover offer, Origin shares are coming back to earth slightly today.

    The company has lost 3.5% at the time of writing to $7.56 a share. With all of the drama surrounding the takeover, not to mention the big share price moves, it’s no surprise to see Origin Energy on this list today.

    Evolution Mining Ltd (ASX: EVN)

    ASX 200 gold miner Evolution has been in the spotlight for much of this week. So far today, a sizeable 28.9 million Evolution shares have been panned out of the proverbial ASX river. This comes after yet another strong day for the gold price.

    Evolution, along with other ASX gold miners, continues to push higher on the back of this strong gold price. Evolution shares are up another 5.76% today thus far to $2.57 a share. The company has risen almost 20% over the past week now. With these gains under the belt, there’s little doubt why so many shares are flying around.

    Core Lithium Ltd (ASX: CXO)

    Our third, final and most traded ASX 200 share today is none other than the ASX 200 lithium stock Core Lithium. At this point of today’s session, a whopping 37.1 million Core shares have been bought and sold on the markets.

    Again, this seems like a byproduct of a healthy share price gain. Core Lithium shares have also rallied this Friday, gaining a robust 5.3% presently to $1.68 each. This comes after an evidently well-received business update this morning. This large rise in value is the probable cause for the elevated volumes we are witnessing.

    The post Here are the 3 most 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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  • 4 ASX 200 shares trading ex-dividend next week

    Four investors stand in a line holding cash fanned in their hands with thoughtful looks on their faces.

    Four investors stand in a line holding cash fanned in their hands with thoughtful looks on their faces.

    You can’t have a dividend from an ASX 200 share without an ex-dividend date. While investors might not enjoy the share price falls that typically come with an ex-dividend date, the company has to draw the line between who gets the dividend and who doesn’t somewhere. There’s no free lunch here.

    So here are five ASX 200 dividend shares that are cutting off new investors to their upcoming dividend payments next week.

    4 ASX 200 shares going ex-dividend next week

    Coronado Global Resources Inc (ASX: CRN)

    First up is ASX 200 coal share Coronado. Coronado declared a special dividend of 13.42 US cents per share at the end of last month. The Australian dollar figure has yet to be determined. This special unfranked dividend is coming investors’ way on 12 December.

    But investors have until 18 November, next Friday, to own Coronado shares if they wish to receive it. We will find out exactly how much shareholders are in line for in Aussie dollar terms on 24 November.

    National Australia Bank Ltd (ASX: NAB)

    Here is an ASX 200 bank share that we do know how much is coming investors’ way. NAB is another share that is lined up to pay out its shareholders soon. The bank’s final and fully franked dividend of 78 cents per share is scheduled to hit bank accounts on 14 December.

    Investors will need to own NAB shares before the ex-dividend date of 15 November, next Tuesday. Investors can also receive additional shares instead of cash with the bank’s dividend reinvestment plan (DRP). The election date for the DRP is 17 November.

    Westpac Banking Corp (ASX: WBC)

    NAB isn’t the only ASX 200 bank about to pay out a dividend. Westpac shareholders are also in line to receive their final dividend soon. Westpac will dole out its cash on 20 December (Merry Christmas!), but investors will need to own the shares by the ex-dividend date of 17 November, next Thursday.

    The final dividend will be worth 64 cents per share, fully franked. Like NAB, Westpac investors also have the choice of opting for the optional DRP, with the election date set for 21 November.

    Washington H. Soul Pattinson and Co Ltd (ASX: SOL)

    Finally, we have the ASX 200 investing conglomerate Soul Patts. Soul Patts has the distinction of being one of the only ASX shares with a 21-year streak of raising its annual dividend every year. The streak continues this year, with the company’s final dividend of 43 cents per share coming in over last year’s payout of 38 cents per share.

    In addition, Soul Patts will also be doling out a special dividend worth 15 cents per share as well. Both will come fully franked. The ex-dividend date for both payments is scheduled for 18 November, next Friday, with the payment date to be 12 December.

    The post 4 ASX 200 shares trading ex-dividend next week appeared first on The Motley Fool Australia.

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    *Returns as of November 1 2022

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    Motley Fool contributor Sebastian Bowen has positions in National Australia Bank Limited and Washington H. Soul Pattinson and Company Limited. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Washington H. Soul Pattinson and Company Limited. The Motley Fool Australia has positions in and has recommended Washington H. Soul Pattinson and Company Limited. The Motley Fool Australia has recommended Westpac Banking Corporation. 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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