Here are the 3 heaviest trading ASX 200 shares on Monday

a hand reaches up from a large pile of papers.

The S&P/ASX 200 Index (ASX: XJO) had a rather positive day on Monday, closing the session at 7,425.2 points, up 0.25% for the day.

But let’s get away from those uninspiring numbers and, instead, check out which ASX 200 shares have been topping the charts today in terms of raw trading volume.

The 3 heaviest trading ASX 200 shares this Monday

Alumina Ltd (ASX: AWC)

ASX 200 resources share Alumina is our first ASX share up today. This aluminium producer has seen a healthy 16.72 million of its shares trade today. This appears to be a result of what has happened with the Alumina share price today, seeing as there were no major news or announcements out of the company.

Alumina shares finished up a robust 1.83% to $2.22 a share. But the company took a big dive around midday, going as low as $2.16 a share before recovering. It’s probably a result of this volatility that we saw so many Alumina shares bouncing around today,

Sydney Airport Holdings Pty Ltd (ASX: SYD)

Sydney Airport is probably the ASX star of the show today. The company set chins a wagging this morning when it announced a third player has lobbed a bid to acquire the Airport. As you might expect, this caused the Sydney Airport share price to spike today. It closed 4.63% higher at $8.37. Almost certainly as a result, we saw a hefty 25.5 million SYD shares swap hands.

Pilbara Minerals Ltd (ASX: PLS)

Not even a takeover offer for Sydney Airport can keep ASX 200 lithium producer Pilbara Minerals away from the top of the pile today. Pilbara saw a whopping 26.46 million of its own shares bought and sold. This follows a massive 7.32% surge in the Pilbara share price at close on Monday. The company finished the session at $2.20 a share. This big jump is likely what has placed Pilbara at the top of today’s list.

The post Here are the 3 heaviest trading ASX 200 shares on Monday appeared first on The Motley Fool Australia.

Wondering where you should invest $1,000 right now?

When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for more than eight years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

Scott just revealed what he believes could be the five best ASX stocks for investors to buy right now. These stocks are trading at near dirt-cheap prices and Scott thinks they could be great buys right now.

*Returns as of August 16th 2021

More reading

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 Bruce Jackson.

from The Motley Fool Australia https://ift.tt/3Eb4c8i

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *