Today, the S&P/ASX 200 Index (ASX: XJO) started the week off with a negative session. The benchmark index slipped 0.28% lower to 7,299.8 points.
In early trade, the Aussie index took a tumble below 7,260 points. However, throughout the afternoon ASX shares recovered somewhat from the fall. Unfortunately, tech shares were out of form on Monday, with Afterpay Ltd (ASX: APT) and Xero Limited (ASX: XRO) falling 4.16% and 3.95% respectively. This was partially balanced out by strong showings among the miners and energy shares.
However, the question is: which shares delivered the biggest returns to investors on the ASX today? Here are the ten stocks that rose to the occasion:
Top 10 ASX shares countdown today
Looking at the top 200 listed companies, Yancoal Australia Ltd (ASX: YAL) was the biggest gainer today. Shares in the coal producer soared 11.6% as energy crisis fears linger. Find out more about Yancoal Australia here.
The next biggest gaining ASX share today was Whitehaven Coal Ltd (ASX: WHC). Much like its larger-sized coal competitor, Whitehaven rallied 6.5% as investors look to take advantage of strengthening coal prices. Uncover the latest Whitehaven Coal details here.
Today’s top 10 biggest gains were made in these ASX shares:
|ASX-listed company||Share price||Price change|
|Yancoal Australia Ltd (ASX: YAL)||$4.04||11.6%|
|Whitehaven Coal Ltd (ASX: WHC)||$3.44||6.50%|
|Fortescue Metals Group Ltd (ASX: FMG)||$15.03||5.47%|
|Coronado Global Resources Inc (ASX: CRN)||$1.595||4.93%|
|Zimplats Holdings Ltd (ASX: ZIM)||$20.46||4.28%|
|Liontown Resources Ltd (ASX: LIO)||$1.485||4.21%|
|Iluka Resources Ltd (ASX: ILU)||$9.40||3.87%|
|Insurance Australia Group Ltd (ASX: IAG)||$5.37||3.47%|
|New Hope Corporation Ltd (ASX: NHC)||$2.675||3.28%|
|Champion Iron Ltd (ASX: CIA)||$4.75||3.26%|
Our top 10 ASX shares today countdown is a recurring end-of-day summary to ensure you know which companies were making big moves on the day. Check-in at Fool.com.au after the market has closed during weekdays to see which stocks make the countdown.
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Motley Fool contributor Mitchell Lawler owns shares of AFTERPAY T FPO. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of and has recommended AFTERPAY T FPO and Xero. The Motley Fool Australia owns shares of and has recommended AFTERPAY T FPO, Insurance Australia Group Limited, and Xero. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.
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