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

It's a mixed bag for our most traded ASX shares this Monday.

| More on:
a group of three people carry a large block to line it up in ascending order with two other blocks nearby.

Image source: Getty Images

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

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.

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.

More on Share Market News

Happy man working on his laptop.
Share Market News

5 things to watch on the ASX 200 on Wednesday

Will the market return to form today? Let's find out.

Read more »

a young farmer stands back and admires his work in arranging bales of hay to form a house shape with two bales balancing against each other to form a roof, perched on bales tipped on their side in an abstract house shape on a freshly harvested paddock.
Best Shares

Top ASX shares to buy in November with the market near all-time highs

Our writers are still finding value in a record-breaking Australian share market.

Read more »

Fancy font saying top ten surrounded by gold leaf set against a dark background of glittering stars.
Share Gainers

Here are the top 10 ASX 200 shares today

ASX investors endured another day of selling this Tuesday.

Read more »

Man raising both his arms in the air with a piggy bank on his lap, symbolising a record high.
52-Week Highs

12 non-bank ASX 200 shares smashing new 52-week highs today

Do you own any of these stocks at 52-week highs today?

Read more »

Man pointing at a blue rising share price graph.
Technology Shares

Guess which ASX 300 tech stock is already up 64% in November!

The ASX 300 tech stock is surging higher this month. But why?

Read more »

Broker written in white with a man drawing a yellow underline.
Broker Notes

Leading brokers name 3 ASX shares to buy today

Here's why brokers believe that now could be the time to snap up these stocks.

Read more »

A young man punches the air in delight as he reacts to great news on his mobile phone.
Share Gainers

Why ANZ, Block, Neuren, and Pilbara Minerals shares are pushing higher today

These shares are having a solid session on Tuesday. But why? Let's find out.

Read more »

A man sits in despair at his computer with his hands either side of his head, staring into the screen with a pained and anguished look on his face, in a home office setting.
Share Fallers

Why Endeavour, Global Data Centre, OFX, and Paladin Energy shares are dropping today

Why are these shares under pressure today? Let's find out.

Read more »