Insights

Here are 3 ASX 200 shares being heavily traded on Monday

Which ASX 200 share was the most heavily traded today?
The post Here are 3 ASX 200 shares being heavily traded on Monday appeared first on The Motley Fool Australia. –

The S&P/ASX 200 Index (ASX: XJO) has had rather a flat start to the week’s trading this Monday. At the time of writing, the ASX 200 is currently up, but only just, rising 0.07% so far today to 7,544 points. But let’s dig a bit deeper and check out some of the ASX 200 shares that are being the most heavily traded today.

3 of the most heavily traded ASX 200 shares today

Telstra Corporation Ltd (ASX: TLS)

ASX 200 telco Telstra is our first cab off the rank this Monday. So far today, a hefty 10.75 million TLS shares have traded hands. This coincides with the telco hitting a new 52-week high this morning. Telstra’s latest high watermark is now $3.83 a share, pipping the previous high of $3.81.

We also got some news today that the telco has had a ‘win’ from the federal government’s decision to impose a “45% purchase limit of low-band frequency for telcos in regional areas”. This 45% level was above the 43% that Telstra reportedly requested.

Silver Lake Resources Ltd (ASX: SLR)

ASX 200 gold miner Silver Lake is next up here. Silver Lake has seen an even higher number of 10.96 million of its shares trade on the share market today

This is probably the result of the company’s nasty share price fall we are seeing. Silver Lake is currently down a substantial 4.03% today to $1.43 a share. This move is being mirrored across the ASX gold mining sector this Monday and is likely a reaction to the price of gold itself dropping sharply over the weekend.

Pilbara Minerals Ltd (ASX: PLS)

And last and certainly not least, we have lithium producer Pilbara Minerals. Pilbara is our most traded ASX 200 share so far today. The company has seen just over 12 million of its shares swap hands so far. That’s despite an absence of any major news or announcements out of the company — or any substantial share price moves.

However, even though the Pilbara share price is currently up an unremarkable 0.48% to $2.10 today, it did hit a new all-time high of $2.14 a share just after market open this morning. It’s probably for this reason that we are seeing so many Pilbara shares change owners today.

The post Here are 3 ASX 200 shares being heavily traded on Monday appeared first on The Motley Fool Australia.

Wondering where you should invest $1,000 right now?

When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for more than eight years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

Scott just revealed what he believes could be the five best ASX stocks for investors to buy right now. These stocks are trading at near dirt-cheap prices and Scott thinks they could be great buys right now.

*Returns as of May 24th 2021

More reading

The economy and ASX earnings in focus. Scott Phillips on Nine’s Late News

Telstra (ASX:TLS) share price rises after regional frequency win
Telstra (ASX:TLS) share price in focus after announcing $350m MedicalDirector acquisition
ASX 200 Weekly Wrap: Blockbuster Afterpay deal turbocharges ASX to new record highs

5 things to watch on the ASX 200 on Monday

Motley Fool contributor Sebastian Bowen owns shares of Telstra Corporation Limited. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of and has recommended Telstra Corporation Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

Trade The World Anywhere & Anytime!

Mobile app platform with over 50,000 global listed securities across 12 markets (over 70% global market capitalisation), right from your Android or iOS device.

Integrated with exclusive trading idea and investment analysis tools to help you find actionable insight on virtually every financial instrument across our 12 global markets, to help you optimise your trading strategies.

Refer Your Friends

Tell your friends about Monex and gift them FREE access to our trading tools.

We respect your privacy and will only send this one email notification to your friends. 

Share With Your Friends

Share on facebook
Share on twitter
Share on linkedin

Monex Trading Tools Access and Usage Terms

The Monex Trading Tools (referred to as ‘tools’ hereafter) are available to you inside your client portal;


To activate access to the tools, you must have a verified and approved trading account and have made a deposit of at least AUD $1000.


An active and funded account with a positive trading balance is required to continue to have access to the tools;


Although the tools are available to you indefinitely, Monex Securities may at it’s discretion disable access to the tools in the future;


Monex securities reserves the right to change these terms and conditions from time to time, as it sees fit, without notice.

Important Notice
iOS & Android App - 12 International Markets & Over 70% Global Market Cap. $0 Brokerage On US Trades. Click Here!