The S&P/ASX 200 Index (ASX: XJO) is enjoying a pretty positive start to the trading week so far this Monday. At the time of writing, the ASX 200 has risen by a healthy 0.4%, and is currently sitting at 7,423 points.
But let’s dig a little deeper and dive into the ASX 200 shares currently topping the market’s share trading volume charts, according to investing.com.
The 3 most traded ASX 200 shares by volume this Monday
Telstra Corporation Ltd (ASX: TLS)
Our first ASX 200 share to look at today is Telstra. This telco has had a notable 13.3 million of its shares find a new home so far this Monday. There is no major news or announcement out of the company today, so we can probably assume this volume is the result of movements of the Telstra share price itself. At the time of writing, Telstra is up a robust 0.59% to $4.245, just under its intraday high of $4.25. It’s this movement that’s likely resulted in this company making the list today.
Liontown Resouces Limited (ASX: LTR)
ASX 200 lithium company Liontown is next up today, with a hefty 15.83 million shares swapping hands thus far. Again, there has been no major pieces of news out of the company so far this Monday — or, indeed, since the notice last week announcing that Liontown’s share purchase plan would be extended.
So it’s likely to be the steep drop Liontown has suffered through today on the markets that is the probable culprit here. Liontown shares are presently down a nasty 2.62% at $1.67 each after initially rising as high as $1.80 a share this morning. This volatility might have assisted in Liontown’s elevated volume today.
Pilbara Minerals Ltd (ASX: PLS)
Our final and most traded ASX 200 share of the day so far goes to another lithium company in Pilbara Minerals. Pilbara has seen a whopping 18.92 million of its shares bought and sold as it stands today. Once more, it appears to be some dramatic and volatile share price swings that are feeding into the elevated trading volume we are seeing.
The Pilbara share price is currently up a healthy 1.61% at $3.78 a share. But this company swung as high as $3.89 this morning, before subsequently dipping into negative territory before rebounding to its current level. As such, we can probably say that this has resulted in Pilbara’s place at the top of this table as it stands right now.
The post These 3 ASX 200 shares are topping the volume charts on Monday appeared first on The Motley Fool Australia.
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More reading
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- 5 things to watch on the ASX 200 on Monday
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- Top brokers name 3 ASX shares to buy next week
- 2 ASX lithium shares analysts rate as buys
Motley Fool contributor Sebastian Bowen owns Telstra Corporation Limited. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia owns and has recommended Telstra Corporation Limited. 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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