Today, the S&P/ASX 200 Index (ASX: XJO) failed to back up yesterday’s gain as uncertainty around the Omicron variant persists. At the end of the session, the benchmark index finished 0.28% lower to 7,235.9 points.
Nearly three-quarters of the Aussie benchmark index finished in the red today. Comments from the United States Federal Reserve chair, Jerome Powell, suggested the central bank might look to quickly scale back its monetary intervention with high inflation pressures visible.
However, the question is: which shares delivered the biggest returns to investors on the ASX today? Here are the top ten stocks that came through for investors:
Top 10 ASX shares countdown today
Looking at the top 200 listed companies, South32 Ltd (ASX: S32) was the biggest gainer today. Shares in the mining company climbed 3.97% today. The upwards move followed analysts at Macquarie lifting their share price target to $5.00 per share. Find out more about South32 here.
The next biggest gaining ASX share today was Coronado Global Resources Inc (ASX: CRN). The metallurgical coal producer’s shares gained 3.18% despite there being no announcements from the company today. Uncover the latest Coronado Global Resources details here.
Today’s top 10 biggest gains were made in these ASX shares:
| ASX-listed company | Share price | Price change |
| South32 Ltd (ASX: S32) | $3.67 | 3.97% |
| Coronado Global Resources Inc (ASX: CRN) | $1.135 | 3.18% |
| Waypoint REIT (ASX: WPR) | $2.65 | 3.11% |
| Lynas Rare Earths Ltd (ASX: LYC) | $9.11 | 2.71% |
| Xero Limited (ASX: XRO) | $148.74 | 2.69% |
| Rio Tinto Ltd (ASX: RIO) | $95.76 | 2.42% |
| OZ Minerals Ltd (ASX: OZL) | $26.58 | 2.27% |
| Iluka Resources Ltd (ASX: ILU) | $8.80 | 2.09% |
| Iress Ltd (ASX: IRE) | $12.63 | 1.94% |
| Mercury NZ Ltd (ASX: MCY) | $5.94 | 1.71% |
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.
The post Here are the top 10 ASX shares today appeared first on The Motley Fool Australia.
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More reading
- Why did the Woolworths (ASX:WOW) share price tumble today?
- ASX shares to buy for the Omicron COVID outbreak
- Why is the Rio Tinto (ASX:RIO) share price having such a great day?
- These 3 ASX 200 shares are topping the volume charts this Wednesday
- Top brokers name 3 ASX shares to buy today
Motley Fool contributor Mitchell Lawler owns shares of Lynas Corporation Limited. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of and has recommended Xero. The Motley Fool Australia owns shares of and has recommended 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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