The Liontown Resources Limited (ASX: LTR) share price was out of form last month despite some big news.

The lithium developer’s shares sank 25% to end the month at $1.06.

Will things be better for the Liontown share price in July?

One leading broker appears optimistic that July could be a better month for the Liontown share price.

According to a note out of Bell Potter, its analysts have named the lithium share as one of its top picks of FY 2023.

The broker currently has a speculative buy rating and $3.06 price target on the company’s shares. This implies potential upside of 200% for investors over the next 12 months if everything goes to plan.

This works out to be an average return of 9.5% per month when compounded. So the Liontown share price will need to get a wriggle on after its poor start to the month (5% decline on Friday).

What did the broker say?

Bell Potter highlights that rising rates have been weighing on battery materials stocks. However, it believes investors should look beyond this and focus on the positive outlook for the sector due to supply constraints and strong demand.

The broker explained:

The prospect of tightening monetary policy and recession across major global economies has weighed heavily on battery minerals exposed equities, despite decarbonisation being a prevailing theme over the medium to long term.

We think the global auto manufacturing sector is likely to continue its re-tooling to supply EVs, supported by corporate targets and government policy, leading to sustained strong battery mineral demand. But the battery minerals’ supply side’s response faces significant hurdles with respect to permitting, project development and ramp-up. On this basis, we remain positive on the sector.

In light of this, it sees Liontown’s shares as a great option for investors looking for exposure to the sector.

The post Will the Liontown share price bounce back in July? appeared first on The Motley Fool Australia.

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More reading

• Top broker names 3 of the best ASX 200 shares to buy in FY23
• Why have ASX lithium shares had such a lousy month in June?
• Top broker says the Liontown share price can rise 150%
• 5 things to watch on the ASX 200 on Thursday
• Here are the top 10 ASX shares today

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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Another painful month has come to pass for crypto asset investors.

The same could be said for more traditional investments during June. For instance, the S&P/ASX 200 Index (ASX: XJO) parted ways with roughly 600 points to finish the month 8.5% lower.

However, such a loss would almost look positive to those investing in crypto after such a challenging month.

Here’s a closer look at the explosive month (and not in a good way) for crypto prices in June.

What went down?

If I were to take the above heading literally, I could almost say, “nearly everything”. There’s no skirting around the truth here, June was yet another steep leg down for the digital asset market.

It is no overstatement to say that 99% of the top 100 crypto assets by market cap — excluding stablecoins — finished in the red by the end of the month.

The important question to ask is: why? What exactly is nudging so many investors to part ways with their investment and apply more selling pressure?

In all likelihood, the biggest contributor to sustained selling pressure in June was the lingering effects of inflation. In the United States, the consumer price index increased by 8.6% year on year in May, above expectations and the highest on record since 1981.

As Tom Dunleavy of Messari.io states:

It’s hard to worry about putting money into the markets when you are concerned with putting food on the table or paying your mortgage.

Rising prices for goods and services, paired with the anticipation of rising interest rates, have only tempered enthusiasm for crypto during June.

In turn, crypto prices fell off a cliff in June as investors continued to go more risk-off under the current macroeconomic conditions. Specifically, falls across some of the biggest digital assets include:

• Bitcoin (CRYPTO: BTC) down 38%
• Ethereum (CRYPTO: ETH) down 45%
• Cardano (CRYPTO: ADA) down 25%
• Solana (CRYPTO: SOL) down 27%

Who is buying crypto at these prices?

The reality is, for every seller there is a buyer. So, while there are plenty of people unloading their positions, there’s an equal number of people on the opposite end of the transaction.

Possibly one of the most notable buyers, and self-proclaimed Bitcoin maximalists, is MicroStrategy CEO Michael Saylor. The famed original crypto-asset supporter took to Twitter on 29 June to let the public know MicroStrategy had purchased another 480 bitcoins for approximately US$10 million. This took the company’s Bitcoin holdings to 129,699 bitcoins.

MicroStrategy has purchased an additional 480 bitcoins for ~$10.0 million at an average price of ~$20,817 per #bitcoin. As of 6/28/22 @MicroStrategy holds ~129,699 bitcoins acquired for ~$3.98 billion at an average price of ~$30,664 per bitcoin. $MSTRhttps://t.co/leQYTXn817

— Michael Saylor (@saylor) June 29, 2022

https://platform.twitter.com/widgets.js

The overall crypto market cap now resides at US$868.8 billion. This marks an unceremonious tumble below the trillion banner. Although, as my colleague Bernd recently covered, some experts — including eToro’s Simon Peters — consider the pullback to be within historic ranges.

The post How did the price of crypto assets perform in June? appeared first on The Motley Fool Australia.

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More reading

• Here’s what will impact the Bitcoin price in July: expert
• Ethereum price falls after hackers begin laundering $100 million bridge exploit
• What did the SEC just say about Bitcoin?
• How crypto miners are squeezing the Bitcoin price
• What one tech guru thinks of the current crypto market

Motley Fool contributor Mitchell Lawler has positions in Bitcoin and Ethereum. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Bitcoin, Ethereum, and Solana. The Motley Fool Australia has positions in and has recommended Bitcoin, Ethereum, and Solana. 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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The S&P/ASX 200 Index (ASX: XJO) bounced back for most of Friday before plunging into the red, weighed down by energy shares. The index was 0.43% lower at 6,539.90 points as of the final close of the week.   

The S&P/ASX 200 Energy Index (ASX: XEJ) fell more than 3.3% today, weighed down by oil prices.

Global oil prices fell between 1.2% and 3.7% on Thursday as the OPEC+ confirmed it would increase output in August as much as previously announced amid supply concerns. The fall saw oil prices recording their first monthly decline in 2022.

ASX 200 materials shares also underperformed on the back of lower base metal prices, after the price of copper recorded its worst quarter since 2011.

But it wasn’t all dire today. Real estate and industrials bolstered the market, with the sectors each gaining more than 1%.

All in all, eight of the ASX 200’s 11 sectors ended Friday’s session in the green.

But which ASX share bested the rest to take out the crown of today’s top performer? Read on to find out.

Top 10 ASX shares countdown today

The best performing share of the 200 largest ASX shares by market capitalisation on Friday might surprise market watchers.

It was none other than Air New Zealand Limited (ASX: AIZ). The airline has taken off nearly 7% on Friday to trade at 53.5 cents. Find out what Air New Zealand has been up to, here.

Its performance was shadowed by that of Latitude Group Holdings Ltd (ASX: LFS). Learn more about Latitude here.

Today’s top 10 biggest gains were made by these ASX shares:

ASX-listed company	Share price	Price change
Air New Zealand Limited (ASX :AIZ)	$0.54	6.93%
Latitude Group Holdings Ltd (ASX: LFS)	$1.25	5.04%
Netwealth Group Ltd (ASX: NWL)	$12.71	4.52%
QUBE Holdings Ltd (ASX: QUB)	$2.84	4.03%
IDP Education Ltd (ASX: IEL)	$24.76	3.95%
Brambles Limited (ASX: BXB)	$11.10	3.64%
Virgin Money Uk Plc (ASX: VUK)	$2.29	3.62%
Dicker Data Ltd (ASX: DDR)	$11.43	3.53%
Mirvac Group (ASX: MGR)	$2.04	3.29%
APA Group (ASX: APA)	$11.62	3.11%

Data as at 3:59pm AEST

Our top 10 ASX shares today countdown is a recurring end-of-day summary to ensure you know which companies were making big moves on the day. Check in at Fool.com.au after the market has closed during weekdays to see which stocks make the countdown.

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

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• Here are the 3 most heavily traded ASX 200 shares on Friday
• Brambles share price rises amid $1 billion investment decision
• Embattled ASX 200 retail shares primed for a comeback: experts
• Why is the Northern Star share price more green than gold on Friday?
• ASX 200 midday update: Regis Resources jumps, BHP and Rio Tinto drop

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 Dicker Data Limited, Idp Education Pty Ltd, and Netwealth. The Motley Fool Australia has positions in and has recommended APA Group, Dicker Data Limited, and Netwealth. 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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The S&P/ASX All Ordinaries Index (ASX: XAO) slipped 9.6% over the month of June.

Negative sentiment about the economic outlook was a key factor weighing down the index.

Here are the five worst-performing ASX shares of the month, according to Capital IQ figures.

• BWX Ltd (ASX: BWX) down 51.5%
• MoneyMe Ltd (ASX: MME) down 51.3%
• Sezzle Inc (ASX: SZL) down 50%
• Incannex Healthcare Ltd (ASX: IHL) down 47.5%
• Humm Group Ltd (ASX: HUM) down 47.4%

What worried ASX investors in June?

People are starting to notice an increase in the prices of groceries and other day-to-day essentials, particularly electricity, that they simply can’t avoid.

Inflation is no longer something people read or hear about in the news, it’s actually in their face and affecting their weekly budgets.

On top of that, home loan interest bills have increased by 0.75% after the Reserve Bank of Australia increased the official cash rate by 0.25% in May and 0.5% in June.

On a $1 million home loan, that’s an extra $7,500 in interest payments per year or $625 per month.

So, investors are likely worried about how the companies they are invested in might be affected by these things. Some might also be wondering if they want to have their spare cash invested at the moment.

Why these ASX shares tanked

These ASX shares had a rockier month than most.

The companies released the following news to the ASX in June:

• BWX Limited announced a capital raising at a significant share price discount
• MoneyMe shares drifted downwards all month despite the company releasing no price-sensitive news except a media response denying it had tested a capital raising proposal with investors. But its share price skyrocketed today on news about its funding platform
• Sezzle did not release any price-sensitive news in June, however, its share price likely fell due to concerns about increasing inflation and competition and the threat of more regulation in the buy now, pay later (BNPL) space
• Incannex announced positive results in its phase 2 sleep apnoea trial in early June but the share price trundled lower for the rest of the month
• Humm shares fell due to the agreed termination of the company’s $250 million BNPL deal with Latitude and the resignation of the majority of the board.

The post 5 worst ASX All Ordinaries shares in June appeared first on The Motley Fool Australia.

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• 5 best ASX All Ordinaries shares in June
• These 3 ASX All Ords shares are delivering double-digit gains on Friday
• What’s propelling the MoneyMe share price 28% higher today?
• June was a terrible month for ASX BNPL shares. Here’s why
• Why BWX, Sayona Mining, Tyro, and Woodside shares are sinking

Motley Fool contributor Bronwyn Allen 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 BWX Limited and Humm 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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June proved to be a tough month for the Newcrest Mining Ltd (ASX: NCM) share price.

The gold miner’s shares began the month at $25.04 but by the close of trade on June 30 they had tumbled to $20.89, a fall of 16.6%.

In comparison, shares in fellow miner Northern Star Resources Ltd (ASX: NST) declined almost 24% over the same period, while the broader S&P/ASX 200 Resources (ASX: XJR) sector fell by around 11%.

The start of July hasn’t brought a change in fortunes for the Newcrest share price either — it closed 2.97% lower on Friday at $20.27.

What happened to Newcrest last month?

The continued fall in the price of gold in June led investors to sell off the Newcrest share price.

During times of uncertainty and volatility, gold is traditionally seen as a safe-haven asset for investors. However, with major central banks increasing interest rates due to rampant inflation, investors are shifting their assets into better risk/reward classes.

Subsequently, the spot price of gold has been on a downward path to trade slightly above the psychological US$1,800 barrier.

This is in stark contrast to when an ounce of gold was fetching as high as US$2,070 on 8 March.

Furthermore, the latest consumer confidence report and GDP readings out of the United States this week didn’t help matters.

The consumer confidence index hit a 16-month low while the United States economy contracted by 1.6% for the first quarter.

It appears investor risk appetite for gold has receded over the past week which has piled on selling pressure.

Investors will have to wait until next Tuesday to see if the Reserve Bank of Australia lifts the official cash rate again.

Newcrest share price summary

Over the last 12 months, the Newcrest share price has lost 20% after encountering challenging macroenvironmental factors.

Looking at the year to date, the miner’s shares are down 16%.

Based on today’s price, Newcrest commands a market capitalisation of approximately $19.19 billion.

The post Why did the Newcrest share price sink 17% last month? appeared first on The Motley Fool Australia.

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More reading

• 5 things to watch on the ASX 200 on Friday
• Why Evolution, Newcrest, OZ Minerals, and Zip shares are dropping today
• The Newcrest share price is 23% below pre-pandemic levels, what gives?
• 5 things to watch on the ASX 200 on Monday
• Why are ASX 200 mining shares having such a dire week?

Motley Fool contributor Aaron Teboneras has positions in Northern Star Resources 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 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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The Paladin Energy Ltd (ASX: PDN) share price had a rough time in June. Investors punished the share and sent it tumbling 25% lower across the month.

This continued a longer-term downtrend that shares had been stuck in for the last 3 months.

Alas, Paladin has fumbled from a high of 96.5 cents on 14 April to now trade at 57 cents at the time of writing.

What’s up with the Paladin share price?

Uranium shares got a quick jolt of lightning last month as the Biden administration advocated suspending imports of the nuclear metal from Russia.

This, combined with soaring energy prices in Australia, had some market pundits betting that Australia would turn to alternative sources.

As TMF reported last month, “the collapse of gas retailers and the U-turning of customers by some electricity retailers were the indicators of a failing energy market.”

Not only that, surging prices of natural gas and oil reopened the debate about nuclear energy in Australia.

The speculation was short-lived however as the government established clarity on Australia’s current energy supply.

Investors were quick to sell off their positions in Paladin as a result.

Consequently, the Paladin share price was sent packing and caught sellers on 8 June to drive prices to a 6-month low of 53.5 cents on 23 June.

Paladin and the price of Uranium since March are plotted on the chart below.

In the last 12 months, the Paladin Energy share price has held onto a 15% gain, despite booking a 35% loss this year to date.

The post Why the Paladin share price fell 25% in June appeared first on The Motley Fool Australia.

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More reading

• Here are the top 10 ASX shares today
• 3 ASX All Ordinaries shares going great guns on Tuesday
• ASX 200 midday update: BHP and Rio Tinto rebound, Westpac rated as a buy
• Why did the Paladin Energy share price tumble 13% on Monday?
• Here are the 3 most traded ASX 200 shares on Wednesday

Motley Fool contributor Zach Bristow 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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If you’re looking to make some new additions to your portfolio in July, then look no further. The team at Morgans have picked out a number of ASX shares that they class as their best ideas.

Below are three ASX shares that the broker rates highly this month. They are as follows:

Aristocrat Leisure Limited (ASX: ALL)

The first ASX share that Morgans rates among its best ideas this month is Aristocrat. It is a leading gaming technology company with a portfolio of popular poker machines and mobile games. Morgans is very positive on the company’s outlook due to this portfolio, its strong balance sheet, and its plans to move into real money gaming.

The broker explained:

We expect ALL to continue to take market share in all its product segments. Demand for its gaming machines and digital games is resilient to economic cycles. […] With $3.3bn of currently available liquidity, ALL has significant funding capacity for growth, even after the buyback. It has a stated ambition to build a meaningful presence in the rapidly growing online real money gaming segment, which we believe may be achieved both through organic investment and inorganic acquisitions.

Morgans has an add rating and $43.00 price target on Aristocrat’s shares.

Treasury Wine Estates Ltd (ASX: TWE)

Another ASX share that makes the broker’s best ideas list this month is wine giant Treasury Wine. Morgans is bullish on the company due to its strong brands, positive growth outlook, and attractive valuation.

Morgans commented:

TWE owns much loved iconic wine brands, the jewel in the crown being Penfolds. We rate its management team highly. The foundations are now in place for TWE to deliver strong earnings growth from the 2H22 over the next few years. Trading at a material discount to our valuation and other luxury brand owners, TWE is a key pick for us.

Morgans has an add rating and $13.93 price target on Treasury Wine’s shares.

Wesfarmers Ltd (ASX: WES)

Finally, this conglomerate makes the broker’s best ideas list again this month. It is a fan of Wesfarmers due to its talent management team, strong retail portfolio, and recent share price weakness.

Morgans explained:

WES possesses one of the highest quality retail portfolios in Australia with strong brands including Bunnings, Kmart and Officeworks. The company is run by a highly regarded management team and the balance sheet is healthy. While COVID-related staff shortages are proving to be a challenge, the core Bunnings division (>60% of group EBIT) remains a solid performer as consumers continue to invest in their homes. We see the pullback in the share price as a good entry point for longer term investors.

Morgans has an add rating and lofty $58.40 price target on Wesfarmers’ shares.

The post Broker names 3 of the best ASX shares to buy in July appeared first on The Motley Fool Australia.

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• Brokers name 3 ASX shares to buy today
• How does the Woolworths dividend compare to Wesfarmers over the last 5 years?
• Why I think the current Wesfarmers share price is a steal
• 4 ASX dividend shares to buy that aren’t banks or miners: expert
• Here are the top 10 ASX shares today

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 positions in and has recommended Wesfarmers Limited. The Motley Fool Australia has recommended Treasury Wine Estates 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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June was a tough month for the S&P/ASX All Ordinaries Index (ASX: XAO) which lost 9.6% of its value over the period.

But these ASX shares had a ripsnorter, with the top-performer gaining more than 60% in new value.

Here are the five best-performing ASX shares of the month.

• Silex Systems Ltd (ASX: SLX) up 60.9%
• Tassal Group Limited (ASX: TGR) up 30.9%
• Tabcorp Holdings Limited (ASX: TAH) up 17.7%
• Sigma Healthcare Ltd (ASX: SIG) up 16%
• Pacific Smiles Group Ltd (ASX: PSQ) up 14.6%.

Why did these ASX shares fly…

It appears these five ASX shares went higher largely because their companies had great news to share with the market in June.

Their share price rises are likely a result of factors unique to their businesses. Put simply, that’s why they went up while the All Ords went down.

The companies released the following positive news to the ASX in June:

• Silex Systems announced the execution of a non-binding letter of intent with the largest producer of carbon-free energy in the United States
• Tassal got a third, increased takeover offer from Canada’s Cooke Inc
• Tabcorp announced it had settled its legal dispute with Racing Queensland
• Sigma did not release any price-sensitive news to the ASX in June, but it experienced a two-day price spike after its former general manager was jailed for insider trading
• Pacific Smiles announced an increase in patient fees in May 2022 vs. May 2021, which was the first positive comparable result since November 2021.

And why did the ASX All Ords drop?

The index fell due to investor concerns over macro-economic issues, namely rising inflation and interest rates.

At the start of the month, the Reserve Bank of Australia raised the official cash rate by 50 basis points. This was a big move and the first time the RBA has made a change of this size in a decade.

Meantime costs of living are rising — particularly electricity.

The resulting negative sentiment has led to less buying support in the ASX share market and a drop in value for the All Ords.

The post 5 best ASX All Ordinaries shares in June appeared first on The Motley Fool Australia.

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• These 3 ASX All Ords shares are delivering double-digit gains on Friday
• These were the best performing ASX 200 shares in June
• 3 ASX All Ords shares dodging selling pressure on Wednesday
• These 3 ASX All Ordinaries shares are hitting new 52-week lows today
• Here are the 3 most heavily traded ASX 200 shares on Tuesday

Motley Fool contributor Bronwyn Allen 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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The Pointsbet Holdings Ltd (ASX: PBH) share price has been a winner this week, gaining 15% despite no news having been released by the company.

At the time of writing, the Pointsbet share price is $2.92, 8.77% higher than its previous close.

For context, the S&P/ASX 200 Index (ASX: XJO) has lifted 0.22% on Friday.

Let’s take a look at what might be going on with the ASX-listed bookmaker today.

What’s going on with the Pointsbet share price?

The Pointsbet share price is on a roll this week. It’s following up yesterday’s 10% gain with a 7.4% increase today.

At the same time, the company’s home sector – the S&P/ASX 200 Consumer Discretionary Index (ASX: XDJ) – is in the green for the first time this week, gaining 0.98% today.

Perhaps unsurprisingly, Pointsbet is the sector’s best performer right now.

Its stock is shadowed by that of Idp Education Ltd (ASX: IEL) and Corporate Travel Management Ltd (ASX: CTD). They’ve currently gained 3.2% and 2.2% respectively.

Today’s rise included, the Pointsbet share price is 35% higher than it was when the market last heard news from the company on 20 June.

Then, it announced SIG Sports Investment Corp had snapped up a $94.16 million stake in the company through a placement of shares, each issued at $2.43. At the time, that represented a 15% premium on Pointsbet’s previous close.

Additionally, as my Fool colleague James reported yesterday, Goldman Sachs and Bell Potter have slapped Pointsbet shares with respective price targets of $5.78 and $5.25.

That means the stock has been tipped to have an approximate upside of between 80% to 98%.

The post Up 15% this week, what’s going on with the Pointsbet share price? appeared first on The Motley Fool Australia.

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More reading

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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 Goldman Sachs, Idp Education Pty Ltd, and Pointsbet Holdings Ltd. The Motley Fool Australia has recommended Corporate Travel Management Limited and Pointsbet Holdings Ltd. 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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The S&P/ASX 200 Index (ASX: XJO) is giving investors a mild break so far as we end the trading week this Friday. At the time of writing, the ASX 200 is up, but only just, having recorded a gain of 0.14% at just under 6,580 points. 

So let’s dive deeper into these market moves and check out the ASX 200 shares currently at the top of the market’s share volume charts today, according to investing.com.

The 3 most traded ASX 200 shares by volume this Friday

Evolution Mining Ltd (ASX: EVN)

Evolution Mining is our first share to check out today. This ASX 200 gold miner has had a notable 10.99 million shares swap hands as it currently stands. There hasn’t been any news or announcements out of Evolution today. Nor has the company’s share price done anything too remarkable.

It’s currently up 0.63% at $2.40 a share. But Evolution has been experiencing elevated trading volumes all week, thanks largely to its monster drop on Monday following a disappointing trading update. Perhaps that drop is still percolating through the markets today.

Regis Resources Limited (ASX: RRL)

Another ASX 200 gold miner in Regis Resources is next up today. So far this Friday, a sizeable 12 million Regis shares have been bought and sold. This is likely down to the news we got this morning regarding Regis.

As we covered at the time, investors were treated to the news that mining billionaire Andrew Forrest was potentially looking to acquire a 15% stake in the gold miner. Although the transaction was reportedly unsuccessful, we still saw Regis shares leap by 11% at one point today.

Pilbara Minerals Ltd (ASX: PLS)

And our third, final and most traded ASX 200 share today goes to lithium stock Pilbara Minerals. This Friday has seen a hefty 13.91 million Pilbara shares trade on the share market so far. We haven’t had any news out of Pilbara itself today. So it’s probable that this elevated volume is the result of the volatility of the Pilbara share price itself.

Pilbara initially rose this morning, going as high as $2.34. But investors seem to have gotten cold feet since, with the lithium company now down a nasty 1.75% at $2.25 a share. It’s this bouncing around that has probably elicited so many shares trading today.

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 Austal, Mesoblast, Regis Resources, and Zip shares are charging higher
• Embattled ASX 200 retail shares primed for a comeback: experts
• Why is the Northern Star share price more green than gold on Friday?
• ASX 200 midday update: Regis Resources jumps, BHP and Rio Tinto drop
• These ASX 200 mining shares are digging a deeper hole on Friday

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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