It’s been a big trading day for these 3 ASX 200 shares. Here are the details
The post These 3 ASX 200 shares were flying around the share market this Friday appeared first on The Motley Fool Australia. –
The S&P/ASX 200 Index (ASX: XJO) has had a pretty flat day this Friday. At the close of trade, the ASX 200 finished at 7,488.3 points, down 0.04% for the day. Yawn.
So let’s look at something a little more interesting instead – the ASX 200 shares topping the trading volume charts today. Dig in.
3 ASX 200 shares flying around the share market today
Scentre Group (ASX: SCG)
ASX Real Estate Investment Trust (REIT) Scentre is our first ASX 200 share to check out today. This Friday has seen a hefty 23.21 million Scentre units change hands. Although there is no major news or announcements out of the company today, Scentre did report its FY21 earnings this week, which has seen the company jump around a fair bit.
Today has seen the Scentre unit price put on another 2.19% to $2.80. That puts its gains for the week at close to 9%. It’s probably this move upwards today that has sparked an increase in trading volumes for the Westfield owner.
Pilbara Minerals Ltd (ASX: PLS)
Next up we have ASX 200 lithium producer Pilbara Minerals, a frequent guest star on this list. Pilbara has seen a healthy 24.32 million of its shares bought and sold today. Unfortunately for investors, this seems to be in response to the steep fall Pilbara shares have taken today.
The company reported its FY21 earnings yesterday afternoon after market close, and investors have evidently not been too impressed today by what they saw. At the closing bell, Pilbara was down a nasty 6.55% to $2.07 a share. It’s probably this steep fall that is behind this surge in trading volumes we have seen this Friday.
South32 Ltd (ASX: S32)
And last but certainly not least we have ASX 200 diversified miner South32.
South32 has seen a whopping 33.71 million shares change hands today, more than any other ASX 200 share. Rather strangely, there has also been no major news or announcements out of South32 today that might explain such a large volume of shares trading.
The company did report its own FY21 earnings last week. However, the company finished up 0.35% today to $2.90 a share after a brief fall into the red this morning. It might be this volatility that is resulting in an elevated level of trading today.
The post These 3 ASX 200 shares were flying around the share market this Friday appeared first on The Motley Fool Australia.
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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.