The S&P/ASX 200 Index (ASX:XJO) is off to the races so far this Monday in a strong start to the week. As of this writing, the ASX 200 has added a healthy 0.52% to return above 7,060 points.
So let’s dive deeper into those gains and find out which ASX 200 stocks are currently at the top of the market stock trading volume charts, according to investment.com.
The 3 most traded ASX 200 stocks by volume on Monday
Lake NL Resources (ASX: LKE)
Our top ASX 200 share today is lithium stock Lake Resources. This Monday has seen 24.18 million shares of Lake shares exchange owners so far. We haven’t heard from the company that could easily explain this volume.
But Lake shares have had a cracking day so far on Monday. Lithium stock gained a healthy 6.16% to $1.46 per share, despite this lack of news. That’s probably what we have to thank for the high volumes we’re seeing.
Beach Energy Ltd (ASX: BPT)
The ASX 200 Beach Energy oil stock is next. This energy producer saw 30.5 million of its shares bought and sold today. This one is pretty clear. Beach announced its FY22 results this morning, as we covered earlier.
But investors didn’t like what Beach had to show and sent shares of the company down 12.6% so far today at $1.62. It is this sharp decline that is almost certainly the cause of these high trading volumes.
Core Lithium Ltd (ASX: CXO)
Finally today we have another ASX 200 lithium stock in Core Lithium. As of Monday, a whopping 32.17 million Core shares have been traded as it stands. This appears to be the result of the company’s exploration update we covered earlier.
In it, Core Lithium discussed satisfactory lithium results from two of its mines, as well as an update on the gold reserves found at one of them. Investors were ticked pink, judging by how Core Lithium’s stock price gained an impressive 10.2% to $1.62 per share.