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

Our most traded ASX 200 share today has lost more than 10%. Ouch.

| More on:
A pair of legs can be seen on the floor buried under a pile of paperwork, indicating a high volume day.

Image source: Getty Images

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

After rallying yesterday, it seems the S&P/ASX 200 Index (ASX: XJO) is determined to finish this week's trading on a negative note. At the time of writing, the ASX 200 has lost a depressing 0.65% and is back to around 7,025 points.

But let's not let that dampen our weekends. So let's now take a look at the shares that are currently at the top of the ASX 200's share trading volume charts, according to investing.com.

The 3 most traded ASX 200 shares by volume this Friday

Core Lithium Ltd (ASX: CXO)

First up today is an ASX 200 lithium share that we have spent a fair bit of time covering this week. It seems that Core Lithium's recent (and incredible) run has come to an end today, with the lithium stock losing 1.31% to $1.49 at present.

That still leaves Core Lithium up an impressive 15% or so since the start of the trading week. With no other news out for the company today, it's probably this dip we can thank for the 17.38 million shares we have seen bought and sold so far today.

Telstra Corporation Ltd (ASX: TLS)

Next up is ASX 200 telco Telstra. So far this Friday, a notable 19.15 million Telstra shares have called up a new owner. We haven't had any new news out of Telstra today either.

Saying that, it was just yesterday that the telco reported its full-year results for FY2022. This included a surprise dividend increase, so that might be why so many Telstra shares are bouncing around today. The telco has gained another 0.63% at this point of the trading session to $3.98 a share.

Lake Resources N.L. (ASX: LKE)

Our third, final and most traded ASX 200 share so far this Friday is another lithium stock in Lake Resources. So far today, we've seen a whopping 44.01 million Lake shares swim across the ASX. Like Core Lithium, Lake Resources has had the party it has enjoyed this week shut down today.

After gaining an eye-catching 21% yesterday, Lake shares have given back a painful 10% today, which likely explains the elevated volumes we are witnessing. Even so, this company's run over the past month still stands at a startling 135%.

Motley Fool contributor Sebastian Bowen has positions in Telstra Corporation 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 positions in and has recommended Telstra Corporation Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

More on Share Market News

A young man talks tech on his phone while looking at a laptop. A financial graph is superimposed across the image.
Opinions

3 reasons the GQG share price looks like a buy to me

Here’s why the fund manager could be good value.

Read more »

Young man looking afraid representing ASX shares investor scared of market crash
Share Market News

These are the 10 most shorted ASX shares

Let's see which shares short sellers are targeting this week.

Read more »

Happy man working on his laptop.
Share Market News

5 things to watch on the ASX 200 on Monday

A good start to the week is expected for Aussie investors. Here's what is happening.

Read more »

Woman in celebratory fist move looking at phone
Broker Notes

Top brokers name 3 ASX shares to buy next week

Brokers gave buy ratings to these ASX shares last week. Why are they bullish?

Read more »

A young man pointing up looking amazed, indicating a surging share price movement for an ASX company
Broker Notes

These ASX 200 shares could rise 20% to almost 30%

Analysts are tipping these shares to deliver big returns over the next 12 months.

Read more »

A young woman carefully adds a rock to the top of a pile of balanced river rocks.
Share Market News

Here's how the ASX 200 market sectors stacked up last week

Energy and utilities stocks led the way last week with 4%-plus gains.

Read more »

Animation of a man measuring a percentage sign, symbolising rising interest rates.
Share Market News

Here's when Westpac says the RBA will now cut interest rates

Will borrowers need to wait until the middle of next year for relief? Let's find out.

Read more »

Boys making faces and flexing.
Opinions

3 ASX 300 shares to buy and hold for the long run

I believe these stocks have loads of growth potential.

Read more »