The S&P/ASX 200 Index (ASX: XJO) has kicked off the trading week on a volatile note so far this Monday. After starting out in the green, the ASX 200 has spent most of the day in red territory this session but has bounded back to the green, with the index currently up by 0.06% at just over 7,260 points.
But rather than trying to figure all of that out, let's instead take a look at the shares that are currently at the top of the ASX 200's share trading volume charts, according to investing.com. See if you can spot a theme today.
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The 3 most traded ASX 200 shares by volume this Monday
Sayona Mining Ltd (ASX: SYA)
First up this Monday is the ASX 200 lithium stock Sayona Mining. This session has seen a sizeable 21.2 million Sayona shares swap hands as it currently stands. There hasn't been any news out of Sayona itself today that might explain this huge volume.
But that hasn't stopped this company from bucking the market's general indecisiveness with a strong gain. At present, this ASX share has gained a pleasing 3.3% and is up to 22.2 cents per share. It's this strong showing that probably explains the elevated volumes we are seeing.
Core Lithium Ltd (ASX: CXO)
Next up, we have another ASX 200 lithium stock to consider. Core Lithium has watched as a decent 21.95 million of its shares have made their way across the ASX boards so far today. Like Sayona, there hasn't been any news to speak of out of Core Lithium itself.
But unlike Sayona, investors are sending this company down in value so far today. In Core Lithium's case, we have seen a 0.21% drop in this company's share price, putting it down to $1.1625 a share. With nothing else going on, it seems that this drop explains Core Lithium's presence on this list today.
Lake Resources NL (ASX: LKE)
Finally, let's check out yet another ASX 200 lithium stock in Lake Resources. A whopping 33.1 million Lake shares have traded on the ASX thus far today. It's been a long time since we've seen any ASX updates out of Lake Resources (none in May so far). But that hasn't stopped Lake shares from making a major move this Monday.
Investors have sent this stock packing, with the Lake share price having shed a nasty 5.85% so far this session, seeing the company down to 61.2 cents a share. Perhaps investors are pumping the brakes after the company put on more than 50% in value between 1 May and last Friday. Even so, it's this sell-off that almost certainly explains why Lake Resources is topping our most traded shares list today.
