Today, the S&P/ASX 200 Index (ASX: XJO) cemented its second-highest level on record as it kicked off the New Year with a bang. At the end of the session, the benchmark index finished 1.95% higher at 7,589.8 points.
ASX investors were treated to a rewarding first day of trade for 2022. Every sector across the Aussie market finished firmly in the green. Leading the charge were energy shares after oil prices strengthened overnight. Similarly, consumer discretionary companies in the travel space surged today. While still delivering green, industrials were the poorest of the bunch.
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, Novonix Ltd (ASX: NVX) was the biggest gainer today. Shares in the battery materials company jumped 14.47% as investors rallied around companies involved in the electrification industry. Find out more about Novonix here.
The next biggest gaining ASX share today was Pilbara Minerals Ltd (ASX: PLS). The lithium producer flew 10.00% higher with no new announcements out. Positive sentiment around the electric industry was swirling in the ASX market today after Tesla Inc (NASDAQ: TSLA) reported recorded electric vehicle deliveries on the weekend. Uncover the latest Pilbara Minerals details here.
Today’s top 10 biggest gains were made in these ASX shares:
|ASX-listed company||Share price||Price change|
|Novonix Ltd (ASX: NVX)||$10.52||14.47%|
|Pilbara Minerals Ltd (ASX: PLS)||$3.52||10.00%|
|Lynas Rare Earths Ltd (ASX: LYC)||$11.03||8.46%|
|Allkem Ltd (ASX: AKE)||$11.20||7.69%|
|Yancoal Australia Ltd (ASX: YAL)||$2.80||7.69%|
|Clinuvel Pharmaceuticals Ltd (ASX: CUV)||$28.93||6.32%|
|Imugene Ltd (ASX: IMU)||$0.425||6.25%|
|Whitehaven Coal Ltd (ASX: WHC)||$2.76||5.75%|
|Flight Centre Travel Group Ltd (ASX: FLT)||$18.62||5.68%|
|Liontown Resources Ltd (ASX: LTR)||$1.745||5.12%|
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 Lynas Corporation Limited and Tesla. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended Flight Centre Travel Group Limited. 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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