Today, the S&P/ASX 200 Index (ASX: XJO) struggled to find momentum as investors fled equities across nearly all sectors. At the end of the session, the benchmark index finished 0.69% lower at 7,105.9 points.
The headlines continue to be dominated by disconcerting developments at a macro level. Today, it was a combination of economic growth warnings from China and the US Federal Reserve suggesting it will be raising rates at the next two meetings.
Almost in unison, 10 of the 11 sectors sunk into the red today amid suppressed sentiment. The only portion of the market to escape the crimson fate was tech shares, buoyed by a takeover bid for Appen Ltd (ASX: APX).
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, ALS Ltd (ASX: ALQ) was the biggest gainer today. Shares in the testing, inspection, and certification company jumped 6.08% after releasing solid full-year results yesterday. The team at Morgans released a note this morning giving the company an ‘add’ rating. Find out more about ALS here.
The next best performing ASX share across the market today was Lake Resources Ltd (ASX: LKE). The lithium exploration company lifted 2.82% despite not releasing any announcements. Although, strength was prevalent across lithium names today. Uncover the latest Lake Resources details here.
Today’s top 10 biggest gains were made in these ASX shares:
|ASX-listed company||Share price||Price change|
|ALS Ltd (ASX: ALQ)||$12.74||6.08%|
|Lake Resources Ltd (ASX: LKE)||$1.46||2.82%|
|Pro Medicus Ltd (ASX: PME)||$40.66||2.68%|
|Wisetech Global Ltd (ASX: WTC)||$40.80||2.36%|
|Virgin Money Uk Plc (ASX: VUK)||$2.66||2.31%|
|Ansell Ltd (ASX: ANN)||$27.36||2.01%|
|REA Group Ltd (ASX: REA)||$110.97||1.97%|
|Infratil Ltd (ASX: IFT)||$7.35||1.80%|
|Chorus Ltd (ASX: CNU)||$6.70||1.67%|
|Core Lithium Ltd (ASX: CXO)||$1.28||1.59%|
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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Motley Fool contributor Mitchell Lawler has positions in Pro Medicus Ltd. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Pro Medicus Ltd. and WiseTech Global. The Motley Fool Australia has positions in and has recommended Pro Medicus Ltd. and WiseTech Global. The Motley Fool Australia has recommended Ansell Ltd. and REA Group 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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