The S&P/ASX 200 Index (ASX: XJO) has kicked off the week’s trading on a pleasing footing, as it stands so far this Monday. At the time of writing, the ASX 200 is up by a robust 0.27% at just over 7,420 points.
But let’s delve deeper into these gains and check out the ASX 200 shares topping the share market’s trading volume charts, according to investing.com.
The 3 most traded ASX 200 shares by volume this Monday
Telstra Corporation Ltd (ASX: TLS)
Telstra is our first cab off the rank today. This ASX 200 telco has experienced a notable 11.26 million of its shares trading on the markets thus far. There’s been no major news out of Telstra so far today, except for a routine share buyback notice.
However, the Telstra share price is bucking the markets today, and not in a good way. The company is presently down by 0.65% at $3.88 a share. It’s probably this move that has sparked the high share volumes we are seeing.
Pilbara Minerals Ltd (ASX: PLS)
ASX 200 lithium producer Pilbara is next up. Pilbara has had a hefty 14.4 million shares find a new home on the ASX boards thus far. Again, this doesn’t seem to be a result of anything out of the company directly.
In saying that, Pilbara is another company that has had a notable market move this Monday. Although fortunately for investors, it’s the opposite of Telstra. The Pilbara share price is currently up a robust 1.1% at $3.24 a share. That puts this lithium share’s five-day gains at an impressive 10.75%. This is probably the reason why we are seeing Pilbara shares on this list today.
AVZ Minerals Ltd (ASX: AVZ)
Our third and final ASX 200 share of the day today goes to another lithium share in AVZ. At this point in time, this Monday has had a whopping 25.92 million AVZ shares bought and sold. This is almost certainly the result of the dramatic moves we have seen on the share market surrounding this company.
The AVZ share price is currently up a pleasing 4.56% at $1.149 a share. However, the company went as high as $1.20 a share earlier today, a new all-time high for AVZ Minerals. The company is now up more than 25% over the past five trading days alone. No wonder we are seeing such high trading volumes today.
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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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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