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

It’s been a much-needed positive start to the trading week for the S&P/ASX 200 Index (ASX: XJO) so far this Monday. After a wild and woolly week last week, the ASX 200 is kicking things off this week on a far better note.

At the time of writing, the Index is currently enjoying a 0.13% bounce, which lifts it back over 6,960 points.

But time now to delve deeper into these tentative gains by checking out the ASX 200 shares that are at the top of the stock market’s trading volume charts, according to investing.com.

The 3 most traded ASX 200 shares by volume this Monday

Telstra Group Ltd (ASX: TLS)

First up today is a familiar face in ASX 200 blue chip Telstra. So far this session, a decent 10.15 million Telstra shares have been traded on the markets. There hasn’t been any news out of Telstra itself for a while now. So this high volume could be a result of the movements of the Telstra share price itself.

The telco has indeed had a bit of a bouncy day. Telstra has bounced between $4.17 and $4.22 a share all day and is currently up by 0.72% at $4.20.

Pilbara Minerals Ltd (ASX: PLS)

Next up we have ASX 200 lithium leader Pilbara Minerals. This Monday has had a notable 13.58 million Pilbara shares bought and sold thus far today.  All has been quiet on the Pilbara news front today as well. But certainly not with the Pilbara share price.

Pilbara has had a bit of a rough start to the trading week. The lithium leader is down a nasty 2.67% so far today to $3.46 a share, despite this lack of news from the company. This sell-off looks like the catalyst behind these high trading volume numbers we are seeing.

Sayona Mining Ltd (ASX: SYA)

Third and finally this Monday, let’s check out Pilbara’s fellow ASX 200 lithium stock Sayona Mining. This session has seen a sizeable 31.3 million Sayona shares swapped on the stock market so far. Again, there is little news to speak of today.

But there are a few other factors worth mentioning. The first is Sayona’s ongoing presence on ASX’s most shorted shares list, which my Fool colleague went into this morning. This could be helping to boost volumes in itself.

But Sayona is also going the opposite way to Pilbara today. This lithium share is presently enjoying a hefty 3.8% lift up to 19 cents a share. It’s this rise that looks to be behind the big numbers we are seeing with Sayona’s volumes this Monday.

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 positions in Telstra Group. 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 positions in and has recommended Telstra Group. 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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