These 3 ASX 200 shares were flying around the share market this Friday

It's been a big trading day for these 3 ASX 200 shares. Here are the details

| More on:

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

The S&P/ASX 200 Index (ASX: XJO) has had a pretty flat day this Friday. At the close of trade, the ASX 200 finished at 7,488.3 points, down 0.04% for the day. Yawn.

So let's look at something a little more interesting instead – the ASX 200 shares topping the trading volume charts today. Dig in.

shaking hands with money

Image source: Getty Images

3 ASX 200 shares flying around the share market today

Scentre Group (ASX: SCG)

ASX Real Estate Investment Trust (REIT) Scentre is our first ASX 200 share to check out today. This Friday has seen a hefty 23.21 million Scentre units change hands. Although there is no major news or announcements out of the company today, Scentre did report its FY21 earnings this week, which has seen the company jump around a fair bit.

Today has seen the Scentre unit price put on another 2.19% to $2.80. That puts its gains for the week at close to 9%. It's probably this move upwards today that has sparked an increase in trading volumes for the Westfield owner.

Pilbara Minerals Ltd (ASX: PLS)

Next up we have ASX 200 lithium producer Pilbara Minerals, a frequent guest star on this list. Pilbara has seen a healthy 24.32 million of its shares bought and sold today. Unfortunately for investors, this seems to be in response to the steep fall Pilbara shares have taken today.

The company reported its FY21 earnings yesterday afternoon after market close, and investors have evidently not been too impressed today by what they saw. At the closing bell, Pilbara was down a nasty 6.55% to $2.07 a share. It's probably this steep fall that is behind this surge in trading volumes we have seen this Friday.

South32 Ltd (ASX: S32)

And last but certainly not least we have ASX 200 diversified miner South32.

South32 has seen a whopping 33.71 million shares change hands today, more than any other ASX 200 share. Rather strangely, there has also been no major news or announcements out of South32 today that might explain such a large volume of shares trading.

The company did report its own FY21 earnings last week. However, the company finished up 0.35% today to $2.90 a share after a brief fall into the red this morning. It might be this volatility that is resulting in an elevated level of trading today.

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 Bruce Jackson.

More on Share Market News

A smiling woman at a hardware shop selects paint colours from a wall display.
Broker Notes

Wesfarmers shares: Buy, hold or sell?

A leading analyst delivers his verdict on Wesfarmers shares.

Read more »

An arrow crashes through the ground as a businessman watches on.
Share Fallers

After falling 43% in a week, are Cochlear shares now a buy?

Is this drop a warning sign?

Read more »

Businessman working and using Digital Tablet new business project finance investment at coffee cafe.
Broker Notes

Buy, hold, sell: Cochlear, CSL, and DroneShield shares

Are these hugely popular shares in the buy zone or not? Let's find out.

Read more »

Man holding out $50 and $100 notes in his hands, symbolising ex dividend.
Share Market News

How much do I need to invest in ASX shares to earn a $500 monthly passive income?

A $500 per month passive income is more achievable than you'd think.

Read more »

Man with rocket wings which have flames coming out of them.
Broker Notes

These ASX 200 shares could rise ~40% to 80%

Brokers are predicting big returns for these top shares. Here's what you need to know.

Read more »

3 children standing on podiums wearing Olympic medals.
Share Gainers

Here are the top 10 ASX 200 shares today

It was a lacklustre end to the trading week this Friday...

Read more »

Person pointing at an increasing blue graph which represents a rising share price.
Broker Notes

2 ASX 200 stocks that could rise 50%

Morgans thinks the market is undervaluing these shares.

Read more »

A financial expert or broker looks worried as he checks out a graph showing market volatility.
Technology Shares

I was going to buy these ASX tech stocks. Now, I'm not so sure

When the facts change, so should our buying...

Read more »