It seems the S&P/ASX 200 Index (ASX: XJO) doesn't quite know what it wants out of this Monday. At the time of writing, the ASX 200 is essentially flat at 6,985 points after spending most of the morning in negative territory.
So rather than trying to figure all of that out, let's instead dig a little deeper into the markets and check out the ASX 200 shares that are topping the share market's trading volume charts, according to investing.com.
The 3 most traded ASX 200 shares by volume this Monday
Telstra Corporation Ltd (ASX: TLS)
Telstra is our first ASX 200 share that is experiencing high trading volumes today. So far this Monday, the telco has seen a hefty 12.62 million of its shares bought and sold. There hasn't been any news or announcements out of Telstra so far today.
As such, we can probably put this volume down to the movements of the Telstra share price itself. This telco has had an interesting day. It's currently flat at $3.96 a share, but has swung as high as $3.98 and as low as $3.91 over the trading day thus far. It's this volatility that is probably behind this high volume.
Pilbara Minerals Ltd (ASX: PLS)
ASX 200 lithium producer Pilbara is our next share up this Monday. So far today, a sizeable 17.91 million Pilbara shares have found new homes. Pilbara is another share that has had a rather wild time of it on the markets today.
The company released a quarterly update this morning which disclosed disappointing production numbers, but higher realised prices for lithium. The markets have reacted positively so far, sending Pilbara 1.4% higher at the time of writing to $3.26 a share. These developments are probably helping to push up Pilbara's trading volumes today.
BHP Group Ltd (ASX: BHP)
ASX 200 mining giant BHP is our final and most traded share of the day thus far. The 'Big Australian' has seen a whopping 17.97 million of its shares trade hands this Monday.
As we covered earlier this morning, this is probably the result of BHP completing its unification program. This saw the company wind up its London listing to become a fully listed ASX share once more. As a result, we might be seeing an influx of old London shares to the ASX today, which would explain this high volume we see.
