We take a look at the most active ASX 200 shares by volume…
The post Here are the 3 heaviest traded ASX 200 shares on Monday appeared first on The Motley Fool Australia. –
The S&P/ASX 200 Index (ASX: XJO) hasn’t exactly given us a flying start to the trading week this Monday. At the time of writing, the ASX 200 is down by 0.38% so far today to 7,292 points.
So rather than dwell on that number, let’s instead check out which ASX 200 shares are trading with the heaviest volume so far today, according to investing.com.
The 3 heaviest traded ASX 200 shares on Monday
Whitehaven Coal Ltd (ASX: WHC)
Our first ASX 200 share to check out today is the coal miner Whitehaven. Whitehaven has so far today seen a hefty 15.49 million of its shares bought and sold. There are no developments of an official nature out of the company so far today.
However, the Whitehaven share price has seen a big move today that is probably responsible for this high volume. Whitehaven is currently up a very healthy 5.88% to $3.42 a share at the time of writing.
Beach Energy Ltd (ASX: BPT)
Beach is another ASX 200 share that’s flying around the markets today. This Monday has seen a sizeable 19.14 million Beach shares swap hands so far.
Another ASX resources share, Beach shares also seem to be trading at an elevated volume due to a share price movement. Beach shares are currently up a robust 2.08% today to $1.475 a share. Earlier in the day, the oil driller climbed as high as $1.50. This seems to be the reason behind this high trade volume.
Star Entertainment Group Ltd (ASX: SGR)
Our final ASX 200 share today is a rare guest appearance on this list. But boy, is it here for a good reason! This gaming company and casino operator has seen a whopping 40.96 million of its shares change hands so far this Monday. We don’t have to look too far to see what’s happening here. As my Fool colleague Brooke comprehensively covered earlier today, the Star share price has spent most of this Monday in freefall.
Star shares are down a devastating 22.2% to $3.33 a share at the time of writing. This seems to be in response to several media outlets launching allegations against the company. These reports allege Star has allowed “suspected money laundering, organised crime, fraud, and foreign interference in its casinos”. This sizeable drop in Star’s share price is almost certainly the reason so many shares are trading today.
The post Here are the 3 heaviest traded ASX 200 shares on Monday appeared first on The Motley Fool Australia.
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Why is the Star Entertainment (ASX:SGR) share price plunging 19%?
ASX 200 (ASX:XJO) midday update: Star shares crash, tech shares tumble
Motley Fool contributor Sebastian Bowen has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.