The S&P/ASX 200 Index (ASX: XJO) has decisively broken its winning streak this week. The ASX 200 has been sold off sharply this Thursday, recording a fall of 1.65% at the time of writing to be back under 7,100 points.
But rather than dwelling on that, let’s instead check out the shares that are currently sitting at the top of the ASX 200 trading volume charts, according to investing.com.
Liontown Resources Limited (ASX: LTR)
ASX 200 lithium hopeful Liontown Resources is our first share to check out today. Liontown has had a notable 14.54 million shares trade owners so far this Thursday. There have been no new announcements or news out of Liontown itself today. However, this ASX lithium stock has taken a nasty share price tumble. It has lost 4.6% today and is now going for $1.25 a share. It’s this steep fall that we can probably blame for this elevated trading volume.
Telstra Corporation Ltd (ASX: TLS)
Telstra is our next share worth a look. This ASX 200 telco has had a hefty 15.8 million shares bought and sold on the ASX today. Telstra also hasn’t come out with any news of note today, save for a routine share buyback notice. My Fool colleague, Tony, reported earlier that Telstra has lost some market share to small providers like Aussie Broadband Ltd (ASX: ABB), according to a new report from the Australian Competition and Consumer Commission. The ASX blue chip has been caught up in the woes of the market today, with its shares losing 1.5% to be priced at $3.91 a share. It could be the combination of this fall and Telstra buying back its own shares that have resulted in this high volume.
Pilbara Minerals Ltd (ASX: PLS)
Another ASX 200 lithium stock rounds out our list today. Pilbara has had a sizeable 16.4 million shares change hands thus far today. Here, it seems we have some good old-fashioned volatility to thank for this volume. Pilbara shares crashed at the market open this morning, falling more than 4% to $2.63. However, the company has staged something of a recovery. The Pilbara Minerals share price is now at $2.76, down by 1.43%, and only three cents from where it closed yesterday.
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