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

Some massive share market volatility is driving trading volumes this Friday.

| More on:
A boy bounces off a big red inflatable slide with a smile on his face.

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

The S&P/ASX 200 Index (ASX: XJO) looks like it is heading for a disappointing end to the trading week at this point of Friday's session. After what has been a bit of a bumpy week, the ASX 200 has taken a turn for the worse today, with the index presently down by 0.4% at just over 7,332 points.

But rather than dwelling on that as we start the weekend, let's now take stock of the ASX 200 shares that are topping the share market's trading volume charts right now, according to investing.com.

The 3 most traded ASX 200 shares by volume this Friday

Telstra Group Ltd (ASX: TLS)

The first ASX 200 share up today is the famous blue chip, Telstra Group. So far today, a hefty 15.97 million of this telco's shares have been bought and sold on the markets. There continues to be a lack of news out of Telstra over April so far.

So this volume looks like a consequence of the movements of Telstra shares themselves today. Telstra has indeed had a bit of a wild session. The company opened at $4.28 a share this morning but quickly dropped to $4.23 after opening. The company has recovered somewhat since, but it is still down by 0.23% at $4.27 a share. This bouncy showing probably explains this high trading volume.

Sayona Mining Ltd (ASX: SYA)

Next, we have ASX 200 lithium share Sayona Mining to consider. At this point of the session, a sizeable 16.72 million Sayona shares have been swapped on the share market so far. This appears to be a result of the significant volatility Sayona has displayed today.

The company is currently flat at 20 cents a share. But this morning, Sayona dipped down to 19 cents, a fall worth more than 2.5%, before recovering to back where it started. No wonder so many shares have been flying around.

Pilbara Minerals Ltd (ASX: PLS)

Our third, final and most traded ASX 200 share this Friday is another lithium stock in Pilbara Minerals. A whopping 23.61 million Pilbara shares have been exchanged on the ASX in today's trading thus far. Once more, we have heard zip out of this lithium leader today. So the elevated trading volumes on display here again appear to stem from the movements of the company's shares themselves.

Pilbara has also had a highly volatile trading day. After opening at $3.89 a share this morning, Pilbara promptly plunged to $3.75 soon after (down almost 3%). But we have another remarkable recovery here, with Pilbara presently back up to $3.90 a share, up 0.51% on yesterday's close. This volatile training almost certainly explains why so many Pilbara shares have been bought and sold this Friday.

Motley Fool contributor Sebastian Bowen has positions in Telstra Group. 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 Group. 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

Young woman in yellow striped top with laptop raises arm in victory
Broker Notes

Buy this ASX 300 stock for 20% upside and a 6% yield

Analysts at Bell Potter think investors should be buying this stock before it's too late.

Read more »

IPO written in dark blue with a yellow background.
Financial Shares

ASX fintech stock backed by Mastercard slumps 9% on debut

Meet the ASX's newest fintech company.

Read more »

A young woman smiles as she rides a zip line high above the trees.
Share Gainers

Here are the top 10 ASX 200 shares today

ASX investors kicked off the trading week in style today.

Read more »

young woman reviewing financial reports at desk with multiple computer screens
Broker Notes

Leading brokers name 3 ASX shares to buy today

Here's why brokers believe that now could be the time to snap up these stocks.

Read more »

A businesswoman exhales a deep sigh after receiving bad news, and gets on with it.
Share Fallers

Why Bell Financial, IPD, Megaport, and Resolute Mining shares are falling today

These shares are starting the week in the red. But why?

Read more »

Person pointing at an increasing blue graph which represents a rising share price.
Share Gainers

Why Liberty, Lovisa, Novonix, and SG Fleet shares are storming higher today

These shares are starting the week strongly. But why? Let's find out.

Read more »

Shot of a young businesswoman looking stressed out while working in an office.
Industrials Shares

This ASX share is tumbling 13% on reduced earnings forecast

Earnings are expected to fall in the first half, much to the dismay of the market.

Read more »

A man in his 30s holds his laptop and operates it with his other hand as he has a look of pleasant surprise on his face as though he is learning something new or finding hidden value in something on the screen.
Mergers & Acquisitions

Guess which ASX All Ords stock just rocketed 23% on a $1.2 billion offer

Investors are piling into the ASX All Ords stock amid a $1.2 billion takeover bid.

Read more »