These 3 ASX 200 shares are topping the volume charts this Friday

We take a look at the most active ASX 200 shares by volume…
The post These 3 ASX 200 shares are topping the volume charts this Friday appeared first on The Motley Fool Australia. –

The S&P/ASX 200 Index (ASX: XJO) is having another relatively pleasant day on the ASX boards this Friday. At the time of writing, the ASX 200 is up a healthy 0.53% so far to 7,351 points. But let’s delve a little deeper and check out the ASX 200 shares that are topping the volume charts so far this Friday, according to

3 most active ASX 200 shares by volume today

South32 Ltd (ASX: S32)

This diversified ASX 200 mining company is our first share to check out today. This Friday has seen 8.89 million S32 shares swap owners so far. There has been no major news or announcements out of the company to explain why it might be the third-most traded ASX 200 share so far today.

The South32 share price has had something of a wild day today so far. The company is presently down 0.26% at $3.82 a share. However, earlier today, it initially rose as high as $3.99 a share before settling back to its current level. it might be this volatility that is behind South32’s elevated trading volume today.

Pilbara Minerals Ltd (ASX: PLS)

Pilbara Minerals is our second ASX 200 share today. This lithium producer has seen a sizeable 12.1 million of its shares bought and sold so far this Friday. Like with South32, there is a dearth of any price-sensitive news or announcements out of Pilbara, at least for now. That’s aside from the release of its annual general meeting letter to shareholders.

However, the Pilbara share price has also had a volatile time today. This company has bounced around between $2.03 and $2.10 a share all day today, despite the fact it is currently sitting at $2.08 a share, up by 0.49%. It’s this volatility that is likely behind so many Pilbara shares trading today.

Platinum Asset Management Ltd (ASX: PTM)

Our final; and most traded ASX 200 share today is a rare guest appearance on this list (unlike South32 or Pilbara). Platinum has seen a hefty 14.41 million shares change hands thus far today. This high volume of shares appears to be a byproduct of the nasty fall the Platinum share price has taken this Friday. This fund manager is presently down 6.7% to $3 a share.

This could be in response to the notice the company put out this morning, announcing that one of its directors, Tim Trumper, will be stepping down after the company’s annual general meeting next month. But Platinum shares have been under pressure all week, ever since the company’s disappointing September funds under management announcement. This steep fall is probably behind Platinum’s elevated trading volume today.

The post These 3 ASX 200 shares are topping the volume charts this Friday appeared first on The Motley Fool Australia.

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More reading

Why ASX lithium shares are booming on Thursday

These 3 ASX 200 shares are topping the volume charts this Thursday

Why Adriatic Metals, Platinum, Redbubble, & Whitehaven Coal are dropping

ASX 200 (ASX:XJO) midday update: HUB24 & Netwealth impress, A2 Milk surges again

Why the South32 (ASX:S32) share price is jumping 11% to a multi-year high

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.

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