The S&P/ASX 200 Index (ASX: XJO) has had a bumpy start to the week's share trading. At the time of writing, the ASX 200 is up by 0.47% at 7,031 points after stints in both positive and negative territory so far today.
But let's dive a little deeper and take a look at the ASX shares that are currently topping the ASX 200's volume charts, according to investing.com.
The 3 most traded ASX 200 shares by volume so far this Monday
Telstra Corporation Ltd (ASX: TLS)
Telstra is our first ASX 200 share experiencing high volumes to look at today. So far, an impressive 14.84 million of this telco's shares have traded on the markets this Monday. There have been no major announcements out of Telstra so far today.
However, the company has released a notice that reveals it is continuing to buy back its own shares on the open market. In addition, the Telstra share price is currently up a robust 1.14% at $3.98 at the time of writing. This combination is likely behind the high volumes we are seeing with this company.
Pilbara Minerals Ltd (ASX: PLS)
ASX 200 lithium company Pilbara Minerals is next up. So far today, a notable 20.38 million Pilbara shares have crossed the proverbial Nullabor. Again, there hasn't been much news out of the company to speak of at this point. However, we have seen some choppiness with the Pilbara share price that might be relevant to this volume.
Pilbara shares are currently down by close to 1.5% at $2.70. However, the company opened strongly in the green today and rose as high as $2.82 a share before falling to the current level. It's this volatility that could be behind all of that volume.
Paladin Energy Ltd (ASX: PDN)
Paladin Energy is our third and final share to examine today. So far this Monday, an eye-catching 30.03 million Paladin shares have been traded on the markets. Nothing of note has come out of this uranium miner today. However, the company did report its half-year results on Friday last week, which could be still sparking some market aftershocks.
The company has also had a wild day today to boot. It's currently up 1.3% at 78 cents a share after bouncing between 77 and 81 cents per share over the trading day so far. Again, volatility seems to be the cause of so many shares flying around the boards this Monday, perhaps in addition to the earnings from last week.
