Today, the S&P/ASX 200 Index (ASX: XJO) paraded its third consecutive week of positive performance. At the end of the session, the benchmark index finished 0.88% higher at 7,238.8 points.
The lingering prospect of a 40 basis point increase to the Australian cash rate on Tuesday next week was not enough to shake investors of their bullish sentiment today.
Only one lonesome sector was unable to finish in the green today. The consumer discretionary sector was weighed down by disappointing performances from Domino’s Pizza Enterprises Ltd (ASX: DMP) and Wesfarmers Ltd (ASX: WES).
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, Champion Iron Ltd (ASX: CIA) was the biggest gainer today. Shares in the iron ore exploration company jumped 8.14% as the price of the steel-making commodity rose to US$142.20 per tonne. Find out more about Champion Iron here.
The next best performing ASX share across the market today was Pilbara Minerals Ltd (ASX: PLS). The big name lithium producer experienced a generous 7.46% uptick in its share price as lithium companies continued their rebound on Friday. Uncover the latest Pilbara Minerals details here.
Today’s top 10 biggest gains were made in these ASX shares:
|ASX-listed company||Share price||Price change|
|Champion Iron Ltd (ASX: CIA)||$7.84||8.14%|
|Pilbara Minerals Ltd (ASX: PLS)||$2.45||7.46%|
|Liontown Resources Ltd (ASX: LTR)||$1.27||6.72%|
|Nickel Industries Ltd (ASX: NIC)||$1.295||6.58%|
|Core Lithium Ltd (ASX: CXO)||$1.215||6.58%|
|Summerset Group Holdings Ltd (ASX: SNZ)||$9.58||6.44%|
|Wisetech Global Ltd (ASX: WTC)||$42.94||5.07%|
|Grange Resources Ltd (ASX: GRR)||$1.69||4.97%|
|Mineral Resources Ltd (ASX: MIN)||$60.35||4.81%|
|Block Inc (ASX: SQ2)||$119.76||4.52%|
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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- Why did the Nickel Industries share price leap 7% on Friday?
- Here are the 3 most traded ASX 200 shares on Friday
- One broker’s outlook for lithium supply and demand and what it could mean for ASX lithium shares
- Why are the ASX 200 iron ore giants outperforming on Friday?
- ASX 200 midday update: Healius disappoints, BHP and Fortescue storm higher
Motley Fool contributor Mitchell Lawler has positions in Block, Inc. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Block, Inc. and WiseTech Global. The Motley Fool Australia has positions in and has recommended Block, Inc., Wesfarmers Limited, and WiseTech Global. The Motley Fool Australia has recommended Westpac Banking Corporation. 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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