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

It’s been an unhappy start to the trading week for the S&P/ASX 200 Index (ASX: XJO) this Monday. At the time of writing, the ASX 200 has gotten out on the wrong side of the bed and is presently down by 0.62%.

But let’s not let that get us down. So instead, let’s take a look at the 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

Whitehaven Coal Ltd (ASX: WHC)

ASX 200 coal miner Whitehaven is first up this Monday. So far today, a sizeable 17.02 million Whitehaven shares have found their way around the ASX boards. There’s been no major news out from Whitehaven today, save for a share buyback notice (which could be boosting volumes itself).

However, it’s far more likely that this coal company’s near-6% plunge today is the culprit behind this elevated trading volume. Whitehaven shares have shed 5.8% today and are now going for $4.71 each.

Core Lithium Ltd (ASX: CXO)

It’s lithium stock Core Lithium’s first day as an ASX share today after the company made the cut on the index’s latest rebalancing. And the company is today the ASX 200’s second most traded share by volume, with 20.77 million shares having swapped hands as it currently stands.

Unfortunately, this seems to be in response to Core Lithium’s nasty share price plunge (talk about baptism by fire) today. The company has shed a depressing 6.5% today and is now at $1.08 a share.

Pilbara Minerals Ltd (ASX: PLS)

Our final and most traded company today is another ASX 200 lithium stock in Pilbara Minerals. So far this Monday, a whopping 25.9 million Pilbara shares have been bought and sold on the ASX. And once again, it seems share price volatility is behind this volume.

Pilbara shares haven’t been hit quite as hard as Core Lithium. But this lithium heavyweight is still down a displeasing 3.1% just above $2 a share after trading between $2 and $2.14 over the day thus far.

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

• Why is the Temple & Webster share price surging 11% on Monday?
• Why are ASX 200 travel shares lifting off on Monday?
• Why did the BrainChip share price spike 7% this morning?
• What’s with the Core Lithium share price on Monday?
• ASX 200 midday update: PointsBet jumps, energy shares sink, Vicinity’s upgrade

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/tJyZXp7