Lithium stocks are once again dominating the ASX 200’s volume charts today.
The post Here are the 3 most heavily traded ASX 200 shares on Friday appeared first on The Motley Fool Australia. –
TGIF! The S&P/ASX 200 Index (ASX: XJO) has seen fit to give investors a happy end to the trading week, at least so far. At the time of writing, the ASX 200 has risen by a healthy 0.52% and is back above the 7,010 point mark.
But let’s delve deeper into these gains and check out the ASX 200 shares currently at the top of the marketâs trading volume charts, according to investing.com.
The 3 most traded ASX 200 shares by volume this Friday
Evolution Mining Ltd (ASX: EVN)
Our first ASX 200 share today is making a rare guest appearance on this list. Gold miner Evolution has had a sizeable 12.48 million shares change owners so far this Friday.
There’s been no news or announcements out of the company itself. Thus, we can probably lay the blame for this volume on the movements of the miner’s shares themselves.
Fortunately for investors, Evolution has had a cracking day, currently up a pleasing 2.83% at $2.72 a share.
Core Lithium Ltd (ASX: CXO)
Next up this Friday is lithium stock Core Lithium. So far, a hefty 14.56 million Core Lithium shares have bounced around the markets. This one’s not too hard to figure out. The Core Lithium share price is rocketing more than 7% so far this Friday to $1.30 a share.
This follows the announcement that the company has named its first CEO in Gareth Manderson, formerly of mining giant Rio Tinto Limited (ASX: RIO).
Investors are clearly very approving of this appointment, which explains the elevated volumes we are witnessing.
Pilbara Minerals Ltd (ASX: PLS)
Our third, final and most traded share today is another ASX 200 lithium stock in Pilbara Minerals. This Friday has seen a notable 16.68 million Pilbara shares swap hands as it currently stands. We haven’t heard anything of note out of Pilbara either today.
But that hasn’t stopped the Pilbara share price from gaining an eye-catching 3.43% to $2.86 a share today. This has possibly been spurred by the buying action we are also seeing in its stablemate Core Lithium.
It’s likely that it is this strong price rise that has prompted Pilbara to top today’s volume charts.
The post Here are the 3 most heavily traded ASX 200 shares on Friday appeared first on The Motley Fool Australia.
Wondering where you should invest $1,000 right now?
When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for over ten years has provided thousands of paying members with stock picks that have doubled, tripled or even more.* Scott just revealed what he believes could be the “five best ASX stocks” for investors to buy right now. These stocks are trading at near dirt-cheap prices and Scott thinks they could be great buys right now
See The 5 Stocks
*Returns as of July 7 2022
setButtonColorDefaults(“#0095C8”, ‘background’, ‘#5FA85D’);
setButtonColorDefaults(“#0095C8”, ‘border-color’, ‘#43A24A’);
setButtonColorDefaults(“#fff”, ‘color’, ‘#fff’);
})()
More reading
Why Core Lithium, European Lithium, Incannex, and Qantas shares are pushing higher
Why did the Arafura share price plunge 19% today?
ASX lithium shares facing âinsatiableâ demand amid global funding gap
Core Lithium share price leaps 5% as industry veteran takes reins
3 ASX 200 shares to buy for a post-COVID resurgence: experts
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.