Here are the top 10 ASX 200 shares today

The S&P/ASX 200 Index (ASX: XJO) regained its composure today, surging higher led by discretionary and real estate shares. The index closed 1.12% higher at 7,071 points on Thursday.

Only one sector finished in the red today. The S&P/ASX 200 Utilities Index (ASX: XUJ) plunged 1.5%, weighed down by the share price of APA Group Ltd (ASX: APA), despite the company’s silence.

Meanwhile, the S&P/ASX 200 Consumer Discretionary Index (ASX: CDJ) led the gains, leaping 2.2%.

It might have been boosted by news out of the US. Inflation in the nation slowed in July, likely leading some to hope the Federal Reserve might slow its approach to rate hikes.

Perhaps unsurprisingly, the news seemingly brought joy to Wall Street. The Dow Jones Industrial Average Index (DJX: .DJI) and the S&P 500 Index (SP: .INX) lifted 1.6% and 2.1% respectively overnight while the tech-heavy Nasdaq Composite Index (NASDAQ: .IXIC) rose 2.9%.

That likely helped the S&P/ASX 200 Information Technology Index (ASX: XIJ) rise 1.3% today while the S&P/ASX 200 Real Estate Index (ASX: XRE) gained 2% amid earnings from GQG Partners Inc (ASX: GQG).

But which share outperformed all others on Thursday to take out the top spot among its ASX 200 peers? Keep reading to find out.

Top 10 ASX 200 shares countdown

Today’s top performing ASX 200 share was none other than – drum roll please – lithium favourite Lake Resources N.L. (ASX: LKE). The stock gained 21% today despite no news being released by the company. Find out what’s been going on with Lake Resources lately here.

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

Our top 10 ASX 200 shares countdown is a recurring end-of-day summary to let you know which companies were making big moves on the day. Check in at Fool.com.au after the weekday market closes to see which stocks make the countdown.

The post Here are the top 10 ASX 200 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 Thursday
• Why Block, Lake, Mirvac, and QBE shares are racing higher
• Why are ASX 200 tech shares flying higher on Thursday?
• Why has the Block share price exploded 9% on the ASX today?
• Why is the Novonix share price leaping 11% on Thursday?

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 Block, Inc., Life360, Inc., Netwealth, PINNACLE FPO, and Pointsbet Holdings Ltd. The Motley Fool Australia has positions in and has recommended APA Group, Block, Inc., Netwealth, and PINNACLE FPO. The Motley Fool Australia has recommended Pointsbet Holdings Ltd 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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