The S&P/ASX 200 Index (ASX: XJO) ended this Monday’s trading session with a modest gain. The ASX 200 finished up 0.07% at 7,528 points. But rather than dwelling on that somewhat vanilla figure, let’s instead check out the ASX 200 shares that topped the trading volume charts today
The 3 most traded ASX 200 shares this Monday
South32 Ltd (ASX: S32)
Diversified ASX 200 miner South32 is our first share up today. This ASX resources share has seen a hefty 20.8 million of its shares find new owners on the markets today.
There are no major news or announcements out of the company so far. However, the South32 share price defied the ASX 200 today and posted a healthy gain of 2.13% to $3.35 a share. This company is now up an impressive 13% over the past month. It’s likely that this latest move upwards is what’s behind so many South32 shares trading this Monday.
Alumina Limited (ASX: AWC)
ASX 200 aluminium producer Alumina is next up here, with a sizeable 47.27 million of its shares bought and sold so far today. Like with South32, there are no major announcements out that could be affecting this company’s share price. However, as my Fool colleague Kerry covered earlier today, the Alumina share price enjoyed a starting day of gains this Monday.
Alumina shares rocketed almost 9% after market open this morning, before cooling off somewhat over the day. Even so, Alumina finished up a very robust 3.26% at $2.06 a share at the time of writing. It’s this stellar share price performance that is likely behind so many Alumina shares on the markets today.
Pilbara Minerals Ltd (ASX: PLS)
And last, but certainly not least, we have ASX 200 lithium producer Pilbara Minerals. Pilbara shares are going the opposite way to the above two companies today. This company lost a nasty 5.31% today, and closed the day at $2.14 a share.
This steep loss has resulted in a truly massive 205,456 million Pilbara shares swap hands this Monday. Perhaps this unusually large volume indicates a major institutional investor has been moving some money around. Whatever the cause, this has left Pilbara topping the volume charts this Monday afternoon.
The post Here are the 3 most traded ASX 200 shares this Monday 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 more than eight 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.
*Returns as of August 16th 2021
More reading
- Here are the top 10 ASX 200 shares on Monday
- Why the Evolution Mining (ASX:EVN) share price is leaping higher today
- The Alumina (ASX:AWC) share price rocketed 9% to an 18-month high today
- Which ASX shares are leading the way on the ASX 300?
- ASX 200 midday update: Fortescue & Pro Medicus sink, gold miners rise
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.
from The Motley Fool Australia https://ift.tt/3tkhx9C
Leave a Reply