It’s been a rather shaky start to the trading week for the S&P/ASX 200 Index (ASX: XJO) so far this Monday. After a very strong start this morning, the ASX 200 has petered out as the day has progressed. The ASX 200 is now in the red zone, nursing a loss of 0.06% at around 7,153 points.
But rather than trying to figure all that out, let’s dive deeper into today’s market gyrations by taking stock of the ASX 200 shares presently at the top of the share market’s trading volume charts, according to investing.com.
The 3 most traded ASX 200 shares by volume this Monday
Coronado Global Resources Inc (ASX: CRN)
Our first ASX 200 share today is the coal share, Coronado. This Monday has seen a notable 22.72 million Coronado shares change hands as it currently stands. This doesn’t appear to be related to anything out of the company itself today, seeing as there hasn’t been anything.
So we can probably put this elevated trading volume down to the pleasing share price action Coronado has enjoyed today. The company is currently up a decent 3.75% at $1.99 a share after rising as high as $2.03 this morning.
Telstra Group Ltd (ASX: TLS)
Next up is an ASX 200 share that everyone knows in Telstra. This session has had a chunky 25.87 million Telstra shares rung up for a new home thus far. This could be a consequence of the update Telstra gave to investors this morning.
According to the company, Alex Badenoch, group executive for transformation, communications and people, is leaving the company after 12 years. Investors seem to be mourning Badenoch’s loss, with Telstra shares down a meaty 3.4% so far today to $3.86 a share.
Core Lithium Ltd (ASX: CXO)
Finally, this Monday, we have the ASX 200 lithium share Core Lithium. At the time of writing, a hefty 60.37 million Core Lithium shares have moved to a different owner. This is almost certainly the result of the massive share price appreciation Core shares have enjoyed today.
The company is up an impressive 11.3% to $1.86 a share and cracked a new high of $1.88 earlier this session. This seems to be a reaction to news that China might be easing its restrictive COVID policies. No wonder so many shares are flying around.
The post Here are the 3 most 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 Corporation Limited. 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 Corporation Limited. 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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