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

It’s been a bouncy and rather disappointing start to the trading week for ASX shares and the S&P/ASX 200 Index (ASX: XJO) so far this Monday. At the time of writing, the ASX 200 has slipped by 0.07% after opening in the green this morning and bouncing around all trading day.

But rather than trying to figure all of that out, let’s instead have a look at the ASX shares that are currently at the top 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)

First up today is an ASX 200 share that frequently finds itself on this list in Pilbara Minerals. So far today, a hefty 22.2 million of this lithium stock‘s shares have been bought and sold on the markets. There hasn’t been much in the way of news from the company today.

But we have seen Pilbara print yet another new record high this Monday. The company has put on another 4.36% and is up to $4.79 a share after hitting $4.88 earlier this morning, the company’s new record high. This is probably why we have seen so many shares fly around today.

Lake Resources N.L. (ASX: LKE)

Another ASX 200 lithium share is next up in Lake Resources. This Monday has seen a notable 38.87 million Lake shares exchanged on the share market. We seem to have another massive share price movement to thank for this.

Lake put Pilbarra to shame earlier this morning, rocketing as much as 19% higher on a positive update for one of its lithium projects. At present, the shares have cooled somewhat, but are still up an impressive 12.4% at $1.04 each. With moves like that, it’s no wonder so many shares are changing hands.

Sayona Mining Ltd (ASX: SYA)

It’s Sayona’s first day as an ASX 200 share today after the company made the latest rebalancing cut for the index. This lithium share is wiping the floor with its trading volumes too, with a whopping 90.94 million Sayona shares finding a new home on the ASX so far.

Sadly for investors though, the Sayona share price seems to be reacting poorly to its new station. The company has seen a nasty 7.93% sell-off so far this Monday, putting it down to 27 cents a share. It’s probably this sell-off that has seen so many Sayona shares sold on the share market.

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

• 3 ASX mining shares going gangbusters on Monday
• 3 ASX lithium shares smashing new, all-time highs on Monday
• The ‘in’ crowd: How are the ASX 200 newcomers performing today?
• 3 ASX All Ordinaries shares having a cracking Monday
• Sayona Mining share price swings wildly on ASX 200 debut

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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