The S&P/ASX 200 Index (ASX: XJO) is off to the races so far this Monday in a flying start to the week. At the time of writing, the ASX 200 has added a healthy 0.52% to back above 7,060 points.
So let’s delve deeper into these gains and check out the ASX 200 shares that are currently at the top of the market’s share trading volume charts, according to investing.com.
The 3 most traded ASX 200 shares by volume this Monday
Lake Resources N.L. (ASX: LKE)
Our first ASX 200 share up today is lithium stock Lake Resources. This Monday has seen a hefty 24.18 million Lake shares swap owners so far. We haven’t had any news out from the company that might easily explain this volume.
But Lake shares have had a cracking day so far this Monday. The lithium share has gained a healthy 6.16% to $1.46 a share, despite this absence of news. This is probably what we have to thank for the high volumes we are seeing.
Beach Energy Ltd (ASX: BPT)
ASX 200 oil share Beach Energy is next up. This energy producer has had a sizeable 30.5 million of its shares bought and sold today. This one is pretty clear cut. Beach reported its FY22 earnings this morning, as we covered earlier.
But investors have not liked what Beach had to show, and have sent the company’s shares down a painful 12.6% so far today to $1.62. It’s this steep drop that is almost certainly behind these elevated trading volumes.
Core Lithium Ltd (ASX: CXO)
Finally today we have another ASX 200 lithium stock in Core Lithium. This Monday has had a whopping 32.17 million Core shares trade hands as it currently stands. This seems to be the result of the company’s exploration update that we covered earlier.
In this, Core Lithium discussed pleasing lithium results from two of its mines, as well as an update on gold reserves found at one of them. Investors have been ticked pink, judging by how the Core Lithium share price has gained an impressive 10.2% at $1.62 a share.
The post Here are the 3 most heavily traded ASX 200 shares on Monday appeared first on The Motley Fool Australia.
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More reading
- Why BlueScope, Carsales, Core Lithium, and Nearmap shares are racing higher
- Why Beach, Bendigo and Adelaide Bank, Opthea, and Paradigm shares are sinking
- Why are ASX lithium shares having such a cracking start to the week?
- Why is the Liontown share price leaping 5% on Monday?
- Hereâs why the Core Lithium share price is soaring 10% on Monday
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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