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

We've seen massive rises and falls on the ASX 200 today.

| More on:
top written ion silver and 3 in gold.

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

It's been a rather busy day of trading to round out the week so far this Friday. At the time of writing, the S&P/ASX 200 Index (ASX: XJO) is up, but only just, having gained an anaemic 0.11% at just over 7,440 points 

But the ASX 200 has been in both positive and negative territory over the session so far, so who knows where we'll end up.

So rather than trying to figure all of that out, let's instead look at the shares currently topping 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 this Friday is the ASX 200 lithium share Core Lithium. So far this session, a hefty 16.05 million Core Lithium shares have flown across the ASX boards. There's been no major news out of Core Lithium this Friday. So this volume looks to be a result of the company's volatile share price today.

Core Lithium is currently down by 1.43% at $1.04 a share. But, just like the ASX 200, this company has bounced around between positive and negative territory all day. This probably explains the high volumes we are seeing.

Pilbara Minerals (ASX: PLS)

Next up today we have another ASX 200 lithium producer in Pilbara Minerals. This Friday has seen a sizeable 30.22 million shares bought and sold on the markets thus far. This is almost certainly a consequence of PIlbara's quarterly update coming out today.

As we covered earlier, it was a very positive update indeed, with sales volume, production and lithium prices all rising for the company. Investors have been climbing over themselves to get a hold of Pilbara shares, with the company up an extraordinary 9.1% to $4.38 a share.

Liontown Resources Ltd (ASX: LTR)

Our third, final and most traded ASX 200 share this Friday is yet another lithium stock in Liontown Resources. This session has seen a whopping 38.4 million shares finding a new ASX home so far. Liontown seems to be having quite a different day compared to Pilbara.

The company also released an update today. But this one revealed a cost blowout in the company's Kathleen Valley Lithium Project. This is the second time the company has raised its cost estimates.

Investors have not reacted kindly, sending Liontown down a nasty 14% to $1.29 a share. No wonder so many shares have been flying around 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 Scott Phillips.

More on Share Market News

A group of young ASX investors sitting around a laptop with an older lady standing behind them explaining how investing works.
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 »

Three people gather around a large computer screen where they are looking at something that is captivating their interest with a graphic image of data and digital technology material superimposed to the right hand third of the image.
Share Market News

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

ASX tech shares led the market for a third consecutive week with a 4.63% increase.

Read more »

Mini house on a laptop.
Dividend Investing

Do ASX 200 dividend shares out-earn Aussie property?

We compare the forecast FY25 dividend yields of the top 10 ASX 200 companies to rental property yields.

Read more »

A fit woman in workout gear flexes her muscles with two bigger people flexing behind her, indicating growth.
Best Shares

Top ASX shares to buy with $500 in November 2024

$500 worth of ASX shares might not sound like a huge investment. But, to realise the benefits of compounding, you…

Read more »

A diverse group of people form a circle at a park and raise their arms together.
Share Market News

Here are the top 10 ASX 200 shares today

ASX investors ended the trading week on a high note this Friday...

Read more »

Broker Notes

Brokers name 3 ASX shares to buy today

Here's why brokers are feeling bullish about these three shares this week.

Read more »

A businessman looking at his digital tablet or strategy planning in hotel conference lobby. He is happy at achieving financial goals.
Share Gainers

Why Catapult, De Grey Mining, Domino's, and Nufarm shares are charging higher

These shares are ending the week strongly. But why?

Read more »

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.
Healthcare Shares

This ASX All Ords share is diving 18% as inflation pain draws blood

This healthcare company delivered a trading update at its annual general meeting today.

Read more »