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) left investors disappointed once more as markets made another move downwards. At the end of the session, the benchmark index finished 1.18% lower at 7,120.6 points.

Shareholders experienced firsthand the 54-day high in the volatility index today as the violent sways in Aussie shares continue. The most dramatic swing to the downside could be seen in the real estate sector, with a fall of 4.2%. Similarly, tech and mining shares had an unfruitful day, both sectors tumbling more than 2%.

In contrast, energy shares in the index received a boost today following a gain in oil prices overnight. The Brent crude oil price strengthened 1.5% to US$112.39 a barrel — setting up oil and gas shares on Monday.

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, Westpac Banking Corporation (ASX: WBC) was the biggest gainer today. Shares in the major bank added 3.23% following the publication of its half-year results which showed a continued focus on cost reductions. Find out more about Westpac Banking Corporation here.

The next best performing ASX share across the market today was Whitehaven Coal Ltd (ASX: WHC). The coal producer rallied 2.63% despite there being no price-sensitive announcements from the company. However, there was a backdrop of strength across energy shares today. Uncover the latest Whitehaven Coal details here.

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

ASX-listed company Share price Price change
Westpac Banking Corporation (ASX: WBC) $24.60 3.23%
Whitehaven Coal Ltd (ASX: WHC) $5.08 2.63%
TPG Telecom Ltd (ASX: TPG) $5.70 2.33%
Domino’s Pizza Enterprises Ltd (ASX: DMP) $67.60 1.98%
Meridian Energy Ltd (ASX: MEZ) $4.20 1.94%
Amcor Plc (ASX: AMC) $18.08 1.52%
Iress Ltd (ASX: IRE) $10.60 1.44%
Ramsay Health Care Ltd (ASX: RHC) $78.75 1.22%
Metcash Ltd (ASX: MTS) $4.74 1.07%
Beach Energy Ltd (ASX: MND) $1.675 0.90%
Data as at 4:00 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 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 positions in and has recommended Amcor Limited. The Motley Fool Australia has recommended Dominos Pizza Enterprises Limited, Ramsay Health Care Limited, TPG Telecom Limited, and Westpac Banking Corporation. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

from The Motley Fool Australia

Leave a Reply

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

You are commenting using your 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