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Here are the 3 most heavily traded ASX 200 shares on Monday

It’s mostly about lithium with today’s most traded ASX 200 shares…
The post Here are the 3 most heavily traded ASX 200 shares on Monday appeared first on The Motley Fool Australia. –

The S&P/ASX 200 Index (ASX: XJO) is treating investors to a top start to the trading week so far this Monday. At the time of writing, the ASX 200 has risen another 0.64% and is just shy of 6,990 points, with 7,000 points now firmly in the sights.

But let’s delve deeper into these rising share prices and have a look at the ASX 200 shares presently topping the share market’s trading volume charts, according to investing.com.

The 3 most traded ASX 200 shares by volume this Monday

Core Lithium Ltd (ASX: CXO)

First up today is ASX 200 lithium stock Core Lithium. This materials share has had a notable 15.51 million of its shares trade hands on the markets today.

This volume seems to be in response to the drilling results the company released this morning. As my Fool colleague Bernd covered at the time, Core Lithium reported “exceptional” results at its Finniss lithium project in the Northern Territory.

Amid this news, the Core Lithium share price has gained a healthy 4.33% to $1.205 a share over today’s session.

Zip Co Ltd (ASX: ZIP)

Next up today we have ASX 200 buy now, pay later (BNPL) share Zip Co. So far this Monday, a hefty 22.06 million Zip shares have bounced around the ASX. There’s been no new news out of Zip today.

Thus, this volume is the probable consequence of the nasty share price fall Zip is currently enduring. In contrast to the ASX 200, Zip shares are presently down a depressing 6.17% at $1.065 a share.

Lake Resources N.L. (ASX: LKE)

Our third and final share of the day is another ASX 200 lithium stock in Lake Resources. So far this Monday, a sizeable 31.65 million Lake shares have traded owners.

This is almost certainly the result of the incredible volatility we have seen with this company during today’s session.

As we looked into earlier, Lake shares were up an eye-catching 16% at one point today, despite no news out from the company. However, these gains have cooled as the day has gone on, and Lake Resources is now up 2.47% at 83 cents a share.

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

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More reading

The Endeavour share price is trading near all-time highs. Is it too late to buy?
Why Core Lithium, Deterra, Panoramic, and Qualitas shares are racing higher
Why Aussie Broadband, Temple & Webster, United Malt, and Zip shares are dropping
Friend or foe? Could inflation give ASX BNPL shares a new lease on life?
Why is the Bank of Queensland share price getting a caning on Monday?

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 positions in and has recommended ZIPCOLTD FPO. 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 Scott Phillips.

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