These 3 ASX 200 shares are topping the volume charts on Monday

We take a look at the most active ASX 200 shares by volume…

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 December 6, 2021 3:25 pm AEDT

The S&P/ASX 200 Index (ASX: XJO) is yet again kicking off the trading week on the wrong side of the bed this Monday. At the time of writing, the ASX 200 is down 0.15% at 7,230 points.

But rather than letting that get us down, let's instead check out the ASX 200 shares currently topping the ASX trading volume charts, according to investing.com.

An office worker and his desk covered in yellow post-it notes — Image source: Getty Images

3 most active ASX 200 shares by volume this Monday

Pilbara Minerals Ltd (ASX: PLS)

Our first share topping the trading volume charts so far today is the ASX 200 lithium producer Pilbara Minerals. Pilbara has seen a sizeable 15.06 million of its shares swap hands thus far today. There have been no major news or announcements out of Pilbara this Monday.

However, the Pilbara share price itself hasn't taken well to the market's falls today. Pilbara shares are currently down a nasty 5.3% at $2.32 at the time of writing. This steep drop is the likely culprit behind this elevated trading volume.

Telstra Corporation Ltd (ASX: TLS)

Telstra is our next share to take a gander at today. This ASX 200 telco giant has had a hefty 16.7 million of its shares swap hands on the markets so far. Again, there is not much in the way of official news or announcements out of Telstra.

Additionally, Telstra shares are currently flat at $4.02 a share today after dipping to $3.99 earlier this morning. It's likely that the combination of Telstra's ongoing share buyback program, in addition to the share price dips this morning, are what's behind this elevated trading volume.

Challenger Ltd (ASX: CGF)

ASX 200 annuities provider Challenger is our final and most traded ASX share this Monday. As it stands thus far, an impressive 21.5 million challenger shares have found new owners on the markets. This could be a consequence of the ASX announcement Challenger put out to investors this morning. This informed the markets that Apollo Global Management has received Australian Prudential Regulation Authority (APRA) approval to acquire the remaining 3% of Challenger that it was entitled to as part of an earlier agreement.

Apollo now owns a full 15% stake in the company. The Challenger share price initially spiked on market open this morning, going as high as $6.68 a share. However, subsequently, sentiment has cooled off, and Challenger shares are now flat at $6.51. It's this combination that has probably resulted in this company topping the volume charts so far this Monday.

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