The S&P/ASX 200 Index (ASX: XJO) bounced back for most of Friday before plunging into the red, weighed down by energy shares. The index was 0.43% lower at 6,539.90 points as of the final close of the week.
The S&P/ASX 200 Energy Index (ASX: XEJ) fell more than 3.3% today, weighed down by oil prices.
Global oil prices fell between 1.2% and 3.7% on Thursday as the OPEC+ confirmed it would increase output in August as much as previously announced amid supply concerns. The fall saw oil prices recording their first monthly decline in 2022.
ASX 200 materials shares also underperformed on the back of lower base metal prices, after the price of copper recorded its worst quarter since 2011.
But it wasnât all dire today. Real estate and industrials bolstered the market, with the sectors each gaining more than 1%.
All in all, eight of the ASX 200âs 11 sectors ended Fridayâs session in the green.
But which ASX share bested the rest to take out the crown of todayâs top performer? Read on to find out.
Top 10 ASX shares countdown today
The best performing share of the 200 largest ASX shares by market capitalisation on Friday might surprise market watchers.
It was none other than Air New Zealand Limited (ASX: AIZ). The airline has taken off nearly 7% on Friday to trade at 53.5 cents. Find out what Air New Zealand has been up to, here.
Its performance was shadowed by that of Latitude Group Holdings Ltd (ASX: LFS). Learn more about Latitude here.
Todayâs top 10 biggest gains were made by these ASX shares:
| ASX-listed company | Share price | Price change |
| Air New Zealand Limited (ASX :AIZ) | $0.54 | 6.93% |
| Latitude Group Holdings Ltd (ASX: LFS) | $1.25 | 5.04% |
| Netwealth Group Ltd (ASX: NWL) | $12.71 | 4.52% |
| QUBE Holdings Ltd (ASX: QUB) | $2.84 | 4.03% |
| IDP Education Ltd (ASX: IEL) | $24.76 | 3.95% |
| Brambles Limited (ASX: BXB) | $11.10 | 3.64% |
| Virgin Money Uk Plc (ASX: VUK) | $2.29 | 3.62% |
| Dicker Data Ltd (ASX: DDR) | $11.43 | 3.53% |
| Mirvac Group (ASX: MGR) | $2.04 | 3.29% |
| APA Group (ASX: APA) | $11.62 | 3.11% |
Data as at 3:59pm 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.
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More reading
- Here are the 3 most heavily traded ASX 200 shares on Friday
- Brambles share price rises amid $1 billion investment decision
- Embattled ASX 200 retail shares primed for a comeback: experts
- Why is the Northern Star share price more green than gold on Friday?
- ASX 200 midday update: Regis Resources jumps, BHP and Rio Tinto drop
Motley Fool contributor Brooke Cooper has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Dicker Data Limited, Idp Education Pty Ltd, and Netwealth. The Motley Fool Australia has positions in and has recommended APA Group, Dicker Data Limited, and Netwealth. 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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