Well, the S&P/ASX 200 Index (ASX: XJO) seems to be having a rather shaky start to the trading week so far this Monday. The ASX 200 is, at the time of writing, down by an anaemic 0.045% at around 7,140 points after initially opening in the green this morning.
But rather than crying over spilled milk, let’s instead check out the shares that are currently sitting at the top end of the ASX 200’s share trading volume charts, according to investing.com.
The 3 most traded ASX 200 shares by volume this Monday
Pilbara Minerals Ltd (ASX: PLS)
ASX 200 lithium stock Pilbara Minerals is first up today. This Monday has seen a hefty 13.3 million Pilbara shares change hands as it currently stands. This doesn’t appear to be a consequence of anything out of Pilbara itself today. So we can probably put this volume down to the moves the Pilbara share price itself has undergone today.
As it currently stands, Pilbara has lost a meaningful 1.05% of its value thus far today and is down to $2.82 a share at the time of writing. Pilbara has followed the trajectory of the ASX 200 today and spent most of the morning in positive territory before seeing a dip into the red. This is probably why we’ve seen so many Pilbara shares trading on the markets today.
Incitec Pivot Ltd (ASX: IPL)
Fertiliser and explosives manufacturer Incitec Pivot is our next ASX 200 share up this Monday. So far today, a sizeable 17.65 million Incitec shares have found a new home. This is almost certainly a result of the company releasing its half-year results before market open this morning.
As we covered at the time, Incitec reported some pleasing metrics, including a 955% surge in profits. However, an initially strong reaction from investors has now turned sour, and Incitec shares are now down more than 4%. No wonder so many shares have been changing hands today.
Tabcorp Holdings Limited (ASX: TAH)
Our third, final and most traded ASX 200 share of the day today goes to gaming company Tabcorp, with a notable 17.9 million Tabcorp shares bought and sold thus far. We did get a notice this morning that Tabcorp’s Lottery Corporation demerger is now effective following the company receiving final approval from the courts last week.
Tabcorp shares have also had an interesting day. They initially fell on market open this morning, before spiking up to $5.46 a share just after lunch. The company has cooled off since and is now going for $5.40 a share, up 0.28% for the day. It’s this volatility that has probably sparked such elevated trading volumes today.
The post Here are the 3 most traded ASX 200 shares on Monday appeared first on The Motley Fool Australia.
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More reading
- Why Incitec Pivot, Openpay, PolyNovo, and Sayona Mining shares are sinking
- ASX 200 midday update: Elders and Codan rocket, Incitec Pivot disappoints
- Incitec Pivot share price fizzles despite half-year earnings increasing tenfold
- These were the best performing ASX 200 shares last week
- Here are the 3 most traded ASX 200 shares on Friday
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 Scott Phillips.
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