Here are the top 10 ASX shares today

Top 10 asx shares todayTop 10 asx shares todayTop 10 asx shares today

Today, the S&P/ASX 200 Index (ASX: XJO) fell further in its fourth consecutive red session. At the end of trade, the benchmark index was 1.77% lower at 6,838.3 points.

It was an ugly day for tech investors, as the sector fell nearly 5% amid increased expectations for higher interest rates sooner rather than later. In contrast, energy shares offered a change in scenery as share prices pushed higher. This followed an increase in oil prices overnight, rising to US$90 per barrel.

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, Beach Energy Ltd (ASX: BPT) was the biggest gainer today. Shares in the oil and gas company surged 8.81% higher amid a strengthening in oil prices. Find out more about Beach Energy here.

The next biggest gaining ASX share today was Ausnet Services Ltd (ASX: AST). The Australian energy company rallied 4.45% despite there being no new announcements out today. Uncover the latest Ausnet Services details here.

Today’s top 10 biggest gains were made in these ASX shares:

ASX-listed company Share price Price change
Beach Energy Ltd (ASX: BPT) $1.42 8.81%
Ausnet Services Ltd (ASX: AST) $2.58 4.45%
Santos Ltd (ASX: STO) $6.96 3.57%
Meridian Energy Ltd (ASX: MEZ) $4.33 3.10%
Virgin Money UK PLC (ASX: VUK) $3.49 2.95%
Infratil Ltd (ASX: IFT) $7.18 2.57%
Woodside Petroleum Ltd (ASX: WPL) $24.73 2.49%
Champion Iron Ltd (ASX: CIA) $5.83 2.46%
Ebos Group Ltd (ASX: EBO) $36.20 2.38%
South32 Ltd (ASX: S32) $3.82 2.14%
Data as at 4:00pm AEDT

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.

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 over ten 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 January 12th 2022

More reading

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. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. 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/34bTP6K

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *