Today, the S&P/ASX 200 Index (ASX: XJO) had another leg up as numerous companies posted their quarterly updates. At the end of the session, the benchmark index finished 1.06% higher at 7,435 points.
Tech investors inhaled a breath of fresh air as the out of favour sector ended up being the best performing on Friday. Following closely behind were solid showings among the communications and consumer discretionary areas of the market. The refreshing end to the week followed a rebound in US stocks last night.
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, Nickel Mines Ltd (ASX: NIC) was the biggest gainer today. Shares in the nickel miner posted raced 7.35% higher after releasing its annual report to shareholders today. In addition, the company reported a record quarter yesterday. Find out more about Nickel Mines here.
Sliding in as the second biggest gainer today was Paladin Energy Ltd (ASX: PDN). The uranium explorer added 6.49% to its share price after a negative reaction to its quarterly report yesterday. Uncover the latest Paladin Energy details here.
Today’s top 10 biggest gains were made in these ASX shares:
|ASX-listed company||Share price||Price change|
|Nickel Mines Ltd (ASX: NIC)||$1.315||7.35%|
|Paladin Energy Ltd (ASX: PDN)||$0.82||6.49%|
|Pilbara Minerals Ltd (ASX: PLS)||$2.85||5.95%|
|Chalice Mining Ltd (ASX: CHN)||$6.95||5.78%|
|Stanmore Resources Ltd (ASX: SMR)||$2.37||5.33%|
|GQG Partners Inc (ASX: GQG)||$1.45||5.07%|
|Magellan Financial Group Ltd (ASX: MFG)||$16.31||4.75%|
|Challenger Ltd (ASX: CGF)||$7.29||4.59%|
|Aristocrat Leisure Ltd (ASX: ALL)||$33.66||4.21%|
|Seek Ltd (ASX: SEK)||$28.38||4.15%|
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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*Returns as of January 12th 2022
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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 recommended Challenger Limited and SEEK Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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