Today, the S&P/ASX 200 Index (ASX: XJO) deepened its retracement from its recent near all-time highs amid red hot inflation numbers. At the end of the session, the benchmark index finished 0.78% lower at 7,261.2 points.
In a similar cascading dance that unfolded on Wall Street last night, the Australian share market suffered a brutish blow. Taking a first-class seat to the downside today were tech shares and consumer stables. Fortunately, shares across the energy and real estate sectors provided some stability to the benchmark index.
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, Whitehaven Coal Ltd (ASX: WHC) was the biggest gainer today. Shares in the coal producer jumped 5.46% despite the company lacking any announcements. Although, a few broker notes portraying a sense of confidence in the coal miner could partially be behind the enthusiasm. Find out more about Whitehaven Coal here.
Finding the second-best spot on the list today was Downer EDI Ltd (ASX: DOW). It appears the integrated services company unlocked some excitement for its shares after posting its investor day presentation this morning. Uncover the latest Downer EDI details here.
Today’s top 10 biggest gains were made in these ASX shares:
| ASX-listed company | Share price | Price change |
| Whitehaven Coal Ltd (ASX: WHC) | $4.64 | 5.46% |
| Downer EDI Ltd (ASX: DOW) | $5.33 | 4.72% |
| Champion Iron Ltd (ASX: CIA) | $7.02 | 3.39% |
| Coronado Global Resources Inc (ASX: CRN) | $2.21 | 3.27% |
| Nib Holdings Ltd (ASX: NHF) | $6.99 | 3.25% |
| South32 Ltd (ASX: S32) | $4.60 | 3.14% |
| Infratil Ltd (ASX: IFT) | $7.77 | 2.64% |
| Shopping Centres Australasia Property Group (ASX: SCP) | $3.12 | 2.30% |
| Centuria Capital Group (ASX: CNI) | $2.76 | 2.22% |
| Sims Ltd (ASX: SGM) | $20.62 | 2.03% |
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
- These ASX 200 shares are up more than 10% in the last month
- How might the election outcome impact the outlook for ASX energy shares?
- ASX 200 shares trim losses despite surging inflation news
- Why is the Whitehaven share price accelerating 6% today
- Here are the 3 most heavily traded ASX 200 shares on Wednesday
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 Shopping Centres Australasia Property Group. The Motley Fool Australia has recommended NIB Holdings 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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