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

Blue light arrows pointing up, indicating a strong rising share price

Blue light arrows pointing up, indicating a strong rising share price

It’s turned out to be a very welcome start to the week for the S&P/ASX 200 Index (ASX: XJO) so far this Monday. After a volatile week last week, the ASX 200 has opened this week in the green, presently enjoying a gain of 0.5% to just over 6,920 points.  

But let’s now dive deeper into these Monday market moves and check out the shares that are currently topping 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)

Our first share up is the ASX 200 lithium heavyweight Pilbara Minerals. This Monday has seen a sizeable 11.13 million Pilbara shares exchanged thus far. Pilbara never needs much to see its volumes spike, and today is no different it seems.

With the company up a robust 1.65% at $5.24 a share, it looks as though we have another share price gain to thank for the volumes we see since there have been no announcements or developments out of the company itself.

South32 Ltd (ASX: S32)

Our next share today is an ASX 200 miner in South32. So far this Monday, a decent 11.55 million South32 shares have traded on the markets. There’s been no news from the company itself today. However, South32 has been enjoying some outsized gains over this session.

Currently, the miner is up a pleasing 3.94% at $3.96 a share, the likely cause of the elevated volumes we see. As my Fool colleague covered this morning, higher commodity prices seem to be behind this share price move.

Core Lithium Ltd (ASX: CXO)

Our final and most traded share today is none other than Core Lithium, another ASX 200 lithium share. This Monday has had a notable 12.1 million Core Lithium shares bought and sold on the markets thus far.

Once more, we seem to have another share price movement to thank for the high trading volumes that Core Lithium is displaying. The lithium share is currently up a happy 3% to $1.45 a share today, despite no news out of the company either.

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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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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