Today, the S&P/ASX 200 Index (ASX: XJO) kicked off the new week with a green session. At the end of the trading day, the benchmark index finished 0.64% higher at 7,370.8 points.
The markets were awash with gains across all sectors except financials on Monday. Investors exhibited disappointment for the full-year result of Westpac Banking Corp (ASX: WBC) posted today. Acting on this emotion, the market sold off the big four bank by nearly 7%. Meanwhile, communication services and utilities performed exceptionally well.
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, Imugene Ltd (ASX: IMU) was the biggest gainer today. Shares in the biotechnology company rose 6.06%. This move followed the announcement of a strategic collaboration with US-based Eureka Therapeutics. Find out more about Imugene here.
Today’s top 10 biggest gains were made in these ASX shares:
|ASX-listed company||Share price||Price change|
|Imugene Ltd (ASX: IMU)||$0.525||6.06%|
|Orocobre Ltd (ASX: ORE)||$9.41||5.73%|
|WiseTech Global Ltd (ASX: WTC)||$53.98||5.68%|
|Xero Ltd (ASX: XRO)||$155.63||4.09%|
|Champion Iron Ltd (ASX: CIA)||$4.58||4.09%|
|Charter Hall Group (ASX: CHC)||$18.02||3.98%|
|Codan Ltd (ASX: CDA)||$10.44||3.88%|
|Ausnet Services Ltd (ASX: AST)||$2.565||3.85%|
|Reece Ltd (ASX: REH)||$20.64||3.77%|
|Megaport Ltd (ASX: MP1)||$18.58||3.74%|
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.
Wondering where you should invest $1,000 right now?
When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for more than eight years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*
Scott just revealed what he believes could be the five best ASX stocks for investors to buy right now. These stocks are trading at near dirt-cheap prices and Scott thinks they could be great buys right now.
*Returns as of August 16th 2021
- Why Ausnet, Charter Hall, Codan, and Imugene shares are storming higher
- Why the Imugene (ASX:IMU) share price is up 9% on Monday
- ASX 200 (ASX:XJO) midday update: Westpac sinks, Macquarie raises $1.5bn
- Can the Macquarie (ASX:MQG) share price break new highs over $200?
- These were the worst performing ASX 200 shares in October
Motley Fool contributor Mitchell Lawler has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of and has recommended MEGAPORT FPO, WiseTech Global, and Xero. The Motley Fool Australia owns shares of and has recommended WiseTech Global and Xero. The Motley Fool Australia has recommended MEGAPORT FPO. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.
from The Motley Fool Australia https://ift.tt/3CBW3bO