The S&P/ASX 200 Index (ASX: XJO) is giving investors a pleasing end to the trading week as it currently stands this Friday. At the time of writing, the ASX 200 is up a decent 0.44% at just over 7,280 points.
But let’s dive deeper into the market’s performance and take a look at the shares currently topping the ASX 200’s trading volume charts, according to investing.com.
Telstra Corproation Ltd (ASX: TLS)
Telstra is our first ASX 200 share up today. This telecommunications blue-chip has watched 12.58 million of its shares fly around the markets thus far this Friday. Again, we have no major news or announcements out of the company itself that could explain this move.
However, Telstra shares have been bucking the market, and not in a good way. The telco is currently down by 0.4% at $3.94 a share. Together with the company’s ongoing on-market share buybacks, this appears to be why Telstra is experiencing some elevated trading volumes.
Pilbara Minerals Ltd (ASX: PLS)
Lithium producer Pilbara Minerals is our next company to take a peek at this Friday. So far today, a hefty 12.73 million of this ASX 200 company’s shares have been bought and sold. There’s been no official news to speak of out of Pilbara today.
However, the company has been enjoying some robust share price action to close out the week. As it presently stands, the Pilbara share price is up a very healthy 4.82% at $2.83 a share. It’s this leap upwards that seems to be mostly responsible for the high trading volumes we are seeing.
Zip Co Ltd (ASX: Z1P)
ASX 200 buy now, pay later (BNPL) share Zip is our third, final and most traded share so far today. As it currently stands, a notable 19.62 million Zip shares have swapped hands at the time of writing. This looks like it has been caused by the rather wild movements of the Zip share price this Friday.
The BNPL leader opened strong this morning and quickly rose by more than 8% to $1.72 soon after open. But sentiment seems to have cooled significantly throughout the day, and at the present time, Zip shares have fallen back to $1.62 a share, still up a decent 2.54%. It’s probably these erratic movements that have resulted in Zip topping the ASX 200’s volume charts.
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