After a promising start to Wednesday’s trade, the S&P/ASX 200 Index (ASX: XJO) handed back its gains to slump lower. The index closed 0.53% lower at 6,462 points.
It followed another rough session on Wall Street. After falling into a bear market on Monday (Tuesday AEDT), the Dow Jones Industrial Average Index (DJX: .DJI) posted a 0.4% fall overnight. Meanwhile, the S&P 500 Index (SP: .INX) slumped 0.2% to its lowest close since November 2020.
Interestingly, the tech-heavy Nasdaq Composite Index (NASDAQ: .IXIC) dodged the suffering to gain 0.2%.
But that wasn’t enough to save the S&P/ASX 200 Information Technology Index (ASX: XIJ) from posting the biggest fall today. The tech sector slipped 1.6% on Wednesday.
Meanwhile the S&P/ASX 200 Consumer Staples Index (ASX: XSJ) slumped 0.4% and the S&P/ASX 200 Consumer Discretionary Index (ASX: XDJ) dumped 1% amid the latest Australian retail figures.
The Australian Bureau of Statistics found Aussies upped their spending another 0.6% in August, as food retailing climbed and most other retailing fell.
At the end of the day, only two ASX 200 sectors were trading in the green. But which shares outperformed? Let’s take a look.
Top 10 ASX 200 shares countdown
Today’s biggest gains were made by these shares:
|ASX-listed company||Share price||Price change|
|Coronado Global Resources Inc (ASX: CRN)||$1.61||5.92%|
|Ramelius Resources Limited (ASX: RMS)||$0.645||5.74%|
|Whitehaven Coal Ltd (ASX: WHC)||$8.78||3.91%|
|Incitec Pivot Ltd (ASX: IPL)||$3.50||3.55%|
|Silver Lake Resources Limited (ASX: SLR)||$1.065||3.4%|
|Clinuvel Pharmaceuticals Limited (ASX: CUV)||$17.66||3.21%|
|New Hope Corporation Limited (ASX: NHC)||$5.90||2.97%|
|AGL Energy Limited (ASX: AGL)||$6.60||2.96%|
|Telstra Corporation Ltd (ASX: TLS)||$3.82||2.69%|
|De Grey Mining Ltd (ASX: DEG)||$0.975||2.63%|
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.
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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 no position in any of the stocks mentioned. The Motley Fool Australia has positions in and has recommended Telstra Corporation 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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