Here are the top 10 ASX shares today

S&P/ASX 200 Index (ASX: XJO) shares spent most of Thursday in the green despite a rocky start to the session. The index closed 0.44% higher at 6,650.60 points.

The ASX 200’s day in the green came despite Wall Street struggling through Wednesday’s session. The S&P 500 Index (SP: .INX) slipped 0.45% overnight while the Dow Jones Industrial Average Index (DJX: .DJI) fell 0.67% and the Nasdaq Composite (NASDAQ: .IXIC) slumped 0.15%.

The S&P/ASX 200 Materials Index (ASX: XMJ) was among the Australian market’s top performers today, lifting by 1.56% and driven higher by some of its biggest constituents.

It was likely also helped along by iron ore futures. They rose 1.9% to US$110.26 a tonne overnight.

ASX 200 energy stocks also outperformed after oil prices lifted slightly and the price of thermal coal shot up again, gaining 0.9% to reach US$430 per tonne.

Meanwhile, the S&P/ASX 200 Real Estate Index (ASX: XRE) and S&P/ASX 200 Financial Index (ASX: XFJ) both slumped around 1%, potentially impacted by a major surge in US inflation.

So, with all that in mind, which stocks outperformed all others on Thursday? Keep reading to find out.

Top 10 ASX shares countdown

And the top-performing share of the ASX’s 200 biggest companies by market capitalisation on Thursday was – perhaps unsurprisingly – Yancoal Australia Ltd (ASX: YAL).

The coal producer’s stock closed 10.29% higher at $5.68. Read more about Yancoal here.

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

Data as at 4.40pm 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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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 Netwealth. The Motley Fool Australia has positions in and has recommended 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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