The S&P/ASX 200 Index (ASX: XJO) has kicked off this week's trading on a positive note.
At the time of writing, the ASX 200 has gained a reasonable 0.57% so far, which puts the index at just under 7,150 points. At this point, it has been a very happy new year for the ASX indeed, with the index's year-to-date gains now sitting at close to 3%.
But let's now dig a little deeper by taking a look at the ASX 200 shares currently topping the share market's trading volume charts, according to investing.com.
The 3 most traded ASX 200 shares by volume this Monday
South32 Ltd (ASX: S32)
First up this Monday is the ASX 200 mining giant South32. A hefty 13.82 million South32 shares have changed hands during today's session so far. There hasn't been much out of the company itself today that might explain this volume.
But that hasn't stopped the South32 share price from popping by a healthy 4.24% today to $4.43 a share at present. It's this sharp rise that probably explains the volumes we are witnessing.
Pilbara Minerals Ltd (ASX: PLS)
Next up we have ASX 200 lithium producer Pilbara Minerals. This Monday has seen a sizable 17.82 million Pilbara shares bought and sold at this point. We haven't seen any ASX announcements out of Pilbara today, or indeed in 2023 as of yet.
So this volume can probably be explained by the machinations of the Pilbara share price itself. Pilbara has had a bumpy day this Monday. The company is currently up by 0.13% to $3.96 a share. But Pilbara has shown a bit of volatility today, bouncing between $3.92 and $4.06 a share. This could be the cause of Pilbara's presence on this list.
Core Lithium Ltd (ASX: CXO)
Finally, we have another ASX 200 lithium share in Core Lithium. A notable 18.06 million Core Lithium shares have been exchanged on the ASX thus far this Monday. We've also seen some significant volatility with this ASX 200 share today, with Core trading between $1.19 and $1.27 a share over the course of this session.
We did get a new announcement from the company this morning. This discussed the relocation of the company's head office to Perth, as well as the appointment of two new executives, including chief financial officer Andrew Forman.
So perhaps it is a combination of these factors that is leading Core Lithium to top our most traded shares list today.
