Here are the top 10 ASX shares today

S&P/ASX 200 Index (ASX: XJO) shares performed well on Tuesday as the Reserve Bank of Australia (RBA) hiked rates for a third consecutive month. The index was 0.25% higher at 6,629.30 points at market close.

The RBA lifted the offical cash rate 50 basis points to 1.35% this month. Unlike last month, the central bank suggested August could bring a steadying of the cash rate, my Fool colleague Brendon Lau reports.

The ASX 200 was led by energy shares today, likely on the back of higher oil prices. The Brent crude price rose 1.7% to US$113.50 a barrel overnight while the US Nymex crude price lifted 2.1% in after-hours trade to reach US$110.66 a barrel.

That saw Woodside Energy Group Ltd (ASX: WDS) among the leaders of the pack. Its share price boasted a 5.3% gain at its intraday high.

The tech sector also performed well on Tuesday, with the S&P/ASX 200 Information Technology Index (ASX: XIJ) gaining 1.8%.

At the end of the session, nine of the ASX 200’s 11 sectors were in the green, with only the industrial and real estate sectors languishing.

So, let’s get to the most exciting part. Here are the ten shares that bested the rest on Tuesday.

Top 10 ASX shares countdown today

Taking out the crown as the top performer among the ASX’s 200 biggest companies by market capitalisation is – drumroll please – WiseTech Global Ltd (ASX: WTC). Read more about the ASX 200 tech share here.

Next best was WAM Capital Limited (ASX: WAM). Find out what’s been going on with the stock here.

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

Data as at 4:00 pm AEST time.

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

• What’s going on with ASX 200 bank shares on Tuesday?
• Why the ASX 200 is rallying after the RBA’s rate hike today
• Why is the Woodside Energy share price leading the ASX 200 higher on Tuesday?
• The surprising ASX shares to buy as interest rates rise: expert
• Why Regis Resources, Sayona, Woodside, and Xero shares are pushing higher

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 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 REA Group 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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