ASX 200 miners dominate most traded shares on Monday

Which ASX 200 share was the most traded today?

Sebastian Bowen

Author Bio Sebastian Bowen has been a Motley Fool contributor since late 2018. Sebastian found his passion for writing and educating others about shares and all things finance after completing his studies in political, economic and social science and enjoys bringing this passion to life at the Fool. His investment philosophy is a simple one – buying high-quality companies at prices that make sense. When he’s not researching his next investment at all hours of the morning, Sebastian enjoys classic movies and likes to unwind with a good book, newspaper or record. Areas of Expertise Dividend investing ETFs Education Bachelor of Political, Economic, and Social Sciences (Government and International Relations), University of Sydney Social Media X/Twitter Favorite Investment Quote "In the short run, the market is a voting machine, but in the long run, it is a weighing machine." – Benjamin Graham

Published August 30, 2021 4:44 pm AEST

The S&P/ASX 200 Index (ASX: XJO) has finished this Monday's trading slightly in the green.The ASX 200 closed up 0.37% to 7,788.6 points. So let's dig a little deeper into the ASX 200 shares that topped the trading volume charts today. As you'll soon see, today it was all about ASX materials shares:

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ASX 200 miners top trading volumes on Monday

Pilbara Minerals Ltd (ASX: PLS)

ASX 200 lithium producer Pilbara Minerals is often at the top of this list. But, today, it has to contend with the number 3 spot. This Monday has seen a hefty 18.37 million Pilbara shares bought and sold.

Since there are no major news or developments out of the company today, we can safely assume this high trading volume is the result of Pilbara's sizeable share price jump today. Pilbara shares finished up a healthy 6.28% to $2.20 a share. As my Fool colleague Kerry covered earlier today, this seems to be the result of a sector-wide appetite for ASX lithium shares.

Alumina Limited (ASX: AWC)

Aluminium and alumina producer Alumina Limited is our next ASX 200 share to check out today. This Monday has seen a substantial 20.86 million Alumina shares swap hands.

Again, we didn't seen any major news out of this company. However, Alumina is another ASX share that rose swiftly today, closing up 5.67% to $1.77 a share. It's probably this lift in valuation that is behind so many shares flying around the markets.

South32 Ltd (ASX: S32)

Diversified ASX miner South32 is our most traded ASX 200 share today, with a massive 31.87 million shares changing owners. Like the above shares, South32 has also enjoyed a massive revaluation from investors this Monday.

At close of trade, the South32 share price finished up a robust 6.21% to $3.08 a share. That pretty much hits the company's 52-week high of $3.09. It's probably the result of this big move upward that we saw so many S32 shares traded today.

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