The S&P/ASX 200 Index (ASX: XJO) is off to a cracking start this trading week, with the index notching up yet another strong gain so far today.
After a great week last week, the ASX 200 has put on another 0.75% so far this session, lifting the index to just under 7,390 points.
But let's now delve into these gains by taking a look at the shares currently heading the ASX 200's share trading volume charts, according to investing.com.
The 3 most traded ASX 200 shares by volume this Monday
South32 Ltd (ASX: S32)
Our first cab off the rank today is the mining share South32. So far this session, a notable 9.51 million South32 shares have flown their way across the ASX boards.
There's been no official news out of South32 this Monday. However, investors are still clamouring to pick up some shares, judging by the healthy 1.74% rise the miner has enjoyed so far today to $4.68 a share.
This strong performance is probably what's driving the volumes we are seeing.
Pilbara Minerals Ltd (ASX: PLS)
Next up this Monday we have an ASX 200 lithium stock in lithium producer Pilbara Minerals. This session has seen a hefty 15.15 million Pilbara shares exchanged on the markets thus far.
There's been no news out of Pilbara itself either. However, this lithium share seems to have escaped the sad fate of its peers so far this session.
Whilst the likes of Core Lithium have seen big falls (keep reading for more), Pilbara shares are actually in the green. The company is currently up 0.5% to $4.01 a share.
That's despite a dip into red territory around lunchtime. This rise, and volatility, is the likely cause of the volumes we are witnessing.
Core Lithium Ltd (ASX: CXO)
Third and finally today we have another ASX 200 lithium stock in Core Lithium. A sizeable 20.4 million Core shares have been bought and sold so far this session.
This looks like a result of the rather poor session lithium shares are having on the ASX today. Despite the optimism of the general market, this corner of the ASX is feeling the pinch this session. Core Lithium is presently down a nasty 6.43% at $1.062 a share.
It's not entirely clear why Core Lithium is getting singled out for punishment, although my Fool colleague Monica touched on some of the potential reasons this afternoon. But the size of this drop is almost certainly why we see this company making an appearance on this list today.
