What a disappointing start to the trading week it has been for the S&P/ASX 200 Index (ASX: XJO) so far this Monday.
After initially rocketing upwards at market open this morning, the ASX 200 has been losing steam all day. The index is presently down by a rather sad 0.14%, putting it at just over 7,140 points.
But let's not let that get us down. So instead, it's time to take a look at the shares currently topping the ASX 200's share trading volume charts, according to investing.com.
Image source: Getty Images
The 3 most traded ASX 200 shares by volume this Monday
South32 Ltd (ASX: S32)
First share up today is the ASX 200 miner South32. This Monday has seen a sizable 14.94 million South32 shares fly around the stock exchange at this point of the day. There's been no fresh news or announcements out of South32 so far this session, save for a routine share buyback announcement.
So this volume is a probable consequence of the nasty fall South32 has endured today. The miner is currently down 1.02% at $3.87 a share, but South32 fell as low as $3.82 earlier this afternoon.
Pilbara Minerals Ltd (ASX: PLS)
ASX 200 lithium miner Pilbara is our next share to check out. This Monday has had a notable 15.51 million Pilbara shares swapped on the share market thus far. There's been no news or developments out from Pilbara either.
But this is another ASX 200 share that has seen some significant volatility this session. Pilbara shares initially started the week strong, rising to $4.88 this morning. But investors seem to have gotten cold feet, with the lithium company now down by 0.42% at $4.74 a share. All of this bouncing around is probably eliciting the high volumes we see.
Core Lithium Ltd (ASX: CXO)
Last up today, we have another ASX 200 lithium share in Core Lithium. So far today, a hefty 25.58 million Core shares have been bought and sold on the markets. Core shares had a horrid week last week.
But, as my Fool colleague pointed out today, this week seems to have provided a fresh page for the company. Core Lithium shares are presently up a healthy 0.86% at $1.41 each.
Like Pilbara Minerals, Core shares have been volatile today, trading between $1.40 and 1.47 apiece this session. This is the likely culprit behind the high volumes on display.
