It's been a rather volatile day of trading so far this Monday for the S&P/ASX 200 Index (ASX: XJO).
At the time of writing, the Index is in the green, but only just, currently sitting at 7,352 points, up 0.07% for the day. But that comes after the ASX 200 spent much of the day in red territory, with several jumps over the breakeven line throughout the session thus far.
But rather than trying to figure all of that out, let's instead check out the ASX 200 shares that are topping the share market's trading volume charts at present, according to investing.com.
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The 3 most traded ASX 200 shares by volume this Monday
Core Lithium Ltd (ASX: CXO)
ASX 200 lithium share Core Lithium is our first stock worth checking out this Monday. So far today, a notable 13.1 million Core shares have been exchanged on the ASX today.
There's been no fresh news out of Core itself. But that hasn't stopped this company's shares from copping quite a beating. Right now, Core is down a nasty 4.48% at 92 cents per share, the likely catalyst of the high volumes we see.
My Fool colleague James went through some of the reasons ASX lithium stocks like Core Lithium are having such a painful day earlier this afternoon.
One such reason appears to be "reports that the world's largest battery maker, CATL, is offering discounts to some of the Chinese automakers it supplies batteries". This could be an indication that lithium prices might be heading down soon.
Pilbara Mienrals Ltd (ASX: PLS)
Another ASX 200 lithium share in Pilbara Minerals is next up today. This leading lithium producer has watched as 25.62 million of its shares have changed hands so far this Monday. Pilbara did announce some new lithium pricing arrangements this morning.
But it appears that these haven't been enough to stop investors from punishing the company alongside Core Lithium. In Pilbara's case, the company is down almost 5% at $4.22 a share, so no further questions are needed about this volume on display.
Sayona Mining Ltd (ASX: SYA)
Finally today, we have the trifecta of ASX 200 lithium stocks with Sayona Mining. A whopping 32.25 million Sayona shares have found a new ASX home on the markets at this point of today's session.
At the risk of sounding like a broken record, another nasty selloff seems to be the culprit for Sayona's elevated trading volumes. In this share's case, we have seen a 4.65% slide in price, which puts Sayona stock down to 20 cents a share.
