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

It's mostly about lithium with today's most traded ASX 200 shares…

| More on:
A young boy in a business suit lifts his glasses above his eyes and gives a big wide mouthed smile to the camera with a stock market board in the background.

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

The S&P/ASX 200 Index (ASX: XJO) is treating investors to a top start to the trading week so far this Monday. At the time of writing, the ASX 200 has risen another 0.64% and is just shy of 6,990 points, with 7,000 points now firmly in the sights.

But let's delve deeper into these rising share prices and have a look at the ASX 200 shares presently topping the share market's trading volume charts, according to investing.com.

The 3 most traded ASX 200 shares by volume this Monday

Core Lithium Ltd (ASX: CXO)

First up today is ASX 200 lithium stock Core Lithium. This materials share has had a notable 15.51 million of its shares trade hands on the markets today.

This volume seems to be in response to the drilling results the company released this morning. As my Fool colleague Bernd covered at the time, Core Lithium reported "exceptional" results at its Finniss lithium project in the Northern Territory.

Amid this news, the Core Lithium share price has gained a healthy 4.33% to $1.205 a share over today's session.

Zip Co Ltd (ASX: ZIP)

Next up today we have ASX 200 buy now, pay later (BNPL) share Zip Co. So far this Monday, a hefty 22.06 million Zip shares have bounced around the ASX. There's been no new news out of Zip today.

Thus, this volume is the probable consequence of the nasty share price fall Zip is currently enduring. In contrast to the ASX 200, Zip shares are presently down a depressing 6.17% at $1.065 a share.

Lake Resources N.L. (ASX: LKE)

Our third and final share of the day is another ASX 200 lithium stock in Lake Resources. So far this Monday, a sizeable 31.65 million Lake shares have traded owners.

This is almost certainly the result of the incredible volatility we have seen with this company during today's session.

As we looked into earlier, Lake shares were up an eye-catching 16% at one point today, despite no news out from the company. However, these gains have cooled as the day has gone on, and Lake Resources is now up 2.47% at 83 cents a share.

Motley Fool contributor Sebastian Bowen has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended ZIPCOLTD FPO. The Motley Fool Australia has no position in any of the stocks mentioned. 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

A businessman looking at his digital tablet or strategy planning in hotel conference lobby. He is happy at achieving financial goals.
Broker Notes

Morgans names more of the best ASX shares to buy

The broker has given these shares a big thumbs up.

Read more »

Animation of a man measuring a percentage sign, symbolising rising interest rates.
Share Market News

Are interest rate cuts now off the table for 2024?

The RBA is struggling in its battle with inflation. What does this mean for interest rates?

Read more »

A young man wearing a black and white striped t-shirt looks surprised.
Broker Notes

These ASX 300 shares could rise 20% to 65%

Big returns could be on the cards for these shares according to analysts.

Read more »

Woman at home saving money in a piggybank and smiling.
Opinions

Why I just invested another $1,000 in my favourite ASX 200 stock

I’m planning to hold this stock for a very long time.

Read more »

A man looking at his laptop and thinking.
Share Market News

Why is the ASX 200 pumping the brakes before the weekend?

Australian investors don't have the appetite today, here's why.

Read more »

Miner and company person analysing results of a mining company.
Resources Shares

Buy one, sell the other: Goldman's verdict on these 2 ASX 200 mining shares

The broker sees significant valuation differences between these 2 major ASX 200 mining shares.

Read more »

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

Brokers name 3 ASX shares to buy now

Here's why brokers are feeling bullish about these three shares this week.

Read more »

a man weraing a suit sits nervously at his laptop computer biting into his clenched hand with nerves, and perhaps fear.
Share Fallers

Why BHP, Lynas, Metals X, and Super Retail shares are dropping today

These shares are ending the week in the red.

Read more »