Here are the 3 most heavily traded ASX 200 shares on Monday

The S&P/ASX 200 Index (ASX: XJO) is off to the races today in what has been a pretty fantastic start to the trading week for ASX investors. At the time of writing, the ASX 200 has gained an impressive 1.08% so far this session to just under 6,970 points.

But let’s dig deeper into these share market gains and take a look at the ASX 200 shares currently topping the market’s trading volume charts, according to investing.com.

The 3 most traded ASX 200 shares by volume this Monday

Core Lithium Ltd (ASX: CXO)

First cab off the rank today is the ASX 200 lithium share Core Lithium. So far this Monday, a sizeable 16.31 million Core Lithium shares have been exchanged on the markets. There’s been no new news out of the company itself today.

So perhaps today’s gains are being caused by the movements in the company’s share price itself. Core shares have bounced around quite a lot today. The company is presently 0.63% lower at $1.585 a share.

But we have seen lows of $1.55 and highs of $1.64 over just today’s session. It’s probably this volatility that has caused Core Lithium to be present on this ASX 200 list today.

Pilbara Minerals Ltd (ASX: PLS)

Next up is another ASX 200 lithium share in Pilbara Minerals. So far this Monday, a whopping 20.57 million Pilbara shares have been bought and sold.

This has probably been sparked by yet another new record high for the lithium producer today. At present, Pilbara shares are trading at $4.575 each, up a healthy 1.67%. But the company touched $4.62 a share earlier this afternoon, Pilbara Minerals’ new high watermark.

AMP Ltd (ASX: AMP)

Finally, our most traded share this Monday is financial services provider AMP. This session has seen a hefty 20.93 million AMP shares find a new home. This could be a result of AMP’s ongoing share buybacks, which are continuing on a day-to-day basis at present.

But it’s likely that AMP’s big share price move today is also eliciting high trading volumes. Currently, the AMP share price is going for $1.177, up a pleasing 4.16% so far today.

The post Here are the 3 most heavily traded ASX 200 shares on Monday appeared first on The Motley Fool Australia.

(function() {
function setButtonColorDefaults(param, property, defaultValue) {
if( !param || !param.includes(‘#’)) {
var button = document.getElementsByClassName(“pitch-snippet”)[0].getElementsByClassName(“pitch-button”)[0];
button.style[property] = defaultValue;
}
}

setButtonColorDefaults(“#0095C8”, ‘background’, ‘#5FA85D’);
setButtonColorDefaults(“#0095C8”, ‘border-color’, ‘#43A24A’);
setButtonColorDefaults(“#fff”, ‘color’, ‘#fff’);
})()

More reading

• Top broker tips lithium price to surge 86% over next 2 years
• Up 47% in a month, is the party just getting started for Pilbara Mineral shares?
• 3 ASX All Ordinaries shares hitting all-time highs on Monday
• Brokers name 3 ASX lithium shares to buy
• Vulcan Energy share price is one of the worst ASX lithium performers so far this year. Why?

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.

from The Motley Fool Australia https://ift.tt/vYpAqID