Here are the top 10 ASX shares today

Top 10 - asx shares todayTop 10 - asx shares today

Today, the S&P/ASX 200 Index (ASX: XJO) broke free of the prevailing concern surrounding markets. At the end of the session, the benchmark index finished 1.32% higher at 7,356.9 points.

Surprisingly, nearly all sectors across the Aussie index pushed upwards today. The only area of the market struggling to get excited was communication shares, with most of the telcos showing up red. Meanwhile, miners rocked the market during the session amid broad optimism towards the sector following a positive outlook shared by Fortescue Metals Group Limited (ASX: FMG).

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, AMP Ltd (ASX: AMP) was the biggest gainer today. Shares in the financial services company posted a monumental 13.17% gain after announcing the sale of its international infrastructure equity business. Find out more about AMP here.

Finding the second-best spot on the list today was Sandfire Resources Ltd (ASX: SFR). The copper producer revelled in an 11.92% rise in its shares amid what the company described as a “transformational” quarter. Uncover the latest Sandfire Resources details here.

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

ASX-listed company Share price Price change
AMP Ltd (ASX: AMP) $1.16 13.17%
Sandfire Resources Ltd (ASX: SFR) $5.82 11.92%
Stanmore Resources Ltd (ASX: SMR) $2.25 11.39%
Fortescue Metals Group Ltd (ASX: FMG) $21.73 8.11%
OZ Minerals Ltd (ASX: OZL) $25.03 6.92%
Iluka Resources Ltd (ASX: ILU) $11.22 6.15%
Whitehaven Coal Ltd (ASX: WHC) $4.96 6.9%
Nickel Mines Ltd (ASX: NIC) $1.225 6.06%
Contact Energy Ltd (ASX: CEN) $7.58 4.99%
Mineral Resources Ltd (ASX: MIN) $58.15 4.79%
Data as at 4:00pm AEST

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/QXfVrwK

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s