Today, the S&P/ASX 200 Index (ASX: XJO) slipped lower in a diabolical day for tech shares. At the end of the session, the benchmark index finished 0.14% lower at 7,078 points.
Another red day for the Aussie benchmark index primarily at the hand of tech shares. In its worst showing since the painful crunch in January, the tech sector lost 5.88% today. The day could have been far worse if not for a solid performance by miners and utilities.
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, Mercury NZ Ltd (ASX: MCY) was the biggest gainer today. Shares in the New Zealand electricity producer jumped 5.24% amid a broad improvement in sentiment for utilities. Find out more about Mercury NZ here.
The next biggest gaining ASX share today was Genesis Energy Ltd (ASX: GNE). Yet another New Zealand electricity producer enjoying strong gains today on the ASX. Once again benefitting from an improved sentiment, Genesis pushed 4.63% higher today. Uncover the latest Genesis Energy details here.
Today’s top 10 biggest gains were made in these ASX shares:
| ASX-listed company | Share price | Price change |
| Mercury NZ Ltd (ASX: MCY) | $5.42 | 5.24% |
| Genesis Energy Ltd (ASX: GNE) | $2.71 | 4.63% |
| Insignia Financial Ltd (ASX: IFL) | $3.83 | 4.36% |
| Fortescue Metals Group Ltd (ASX: FMG) | $21.13 | 3.28% |
| BHP Group Ltd (ASX: BHP) | $47.05 | 3.09% |
| Amcor PLC (ASX: AMC) | $16.85 | 3.00% |
| APA Group (ASX: APA) | $10.20 | 2.72% |
| QBE Insurance Group Ltd (ASX: QBE) | $12.03 | 2.56% |
| GQG Partners Inc (ASX: QGQ) | $1.61 | 2.55% |
| Origin Energy Ltd (ASX: ORG) | $5.83 | 2.46% |
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
- Should you buy or sell in a market crash? Here’s what Warren Buffett says
- These 3 ASX 200 shares are topping the volume charts this Thursday
- The Vanguard Australian Shares ETF (ASX:VAS) is about to get a major 2022 makeover. Here’s what is changing…
- ASX 200 (ASX:XJO) midday update: Westpac higher on Q1 update, tech shares sink
- 5 things to watch on the ASX 200 on Thursday
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 owns and has recommended APA Group and Amcor Limited. 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/mTVt7Hgh2
Leave a Reply