Here are the top 10 ASX 200 shares today 

Top ten gold trophy.Top ten gold trophy.

The S&P/ASX 200 Index (ASX: XJO) was driven higher by mining shares on Monday. The index gained 0.6% to close at 6,933.7 points.

The iron ore price has also had a green run, as my Fool colleague Bernd reports. Rumours China could be about to loosen up on its COVID-zero policies briefly appeared to drive the material’s value higher.

Iron ore futures lifted 2.1% to US$85.16 a tonne on Friday. At the same time, gold futures lifted 2.8% to US$1,676.70.

Perhaps unsurprisingly then, the S&P/ASX 200 Materials Index (ASX: XMJ) outperformed on Monday, gaining 3.7%.

The S&P/ASX 200 Energy Index (ASX: XEJ) also lifted 1.3% amid soaring oil prices.

The Brent crude oil price rose by 4.1% to US$98.57 a barrel on Friday while the US Nymex crude oil price lifted 5% to US$92.61 a barrel.

Sadly, its gain was offset by the 2.2% tumble posted by the S&P/ASX 200 Information Technology Index (ASX: XIJ).

All in all, eight of the ASX 200’s 11 sectors closed in the green today. But which share outperformed all others? Keep reading to find out.

Top 10 ASX 200 shares countdown

Today’s top-performing ASX 200 share was newbie Capricorn Metals Ltd (ASX: CMM). The gold developer’s stock leapt 10% on news of its Mt Gibson Gold Project’s mineral resource estimate.

Today’s biggest gains were made by these shares:

ASX-listed company Share price Price change
Capricorn Metals Ltd (ASX: CMM) $3.85 10%
Evolution Mining Ltd (ASX: EVN) $2.15 6.97%
West African Resources Ltd (ASX: WAF) $1.08 6.93%
Gold Road Resources Ltd (ASX: GOR) $1.405 6.84%
Ramelius Resources Limited (ASX: RMS) $0.805 6.62%
Sandfire Resources Ltd (ASX: SFR) $3.87 6.61
Lake Resources N.L. (ASX: LKE) $1.145 6.51%
Domino’s Pizza Enterprises Ltd (ASX: DMP) $57.70 6.2%
De Grey Mining Limited (ASX: DEG) $1.115 6.19%
Northern Star Resources Ltd (ASX: NST) $9.29 6.05%

Our top 10 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.

Wondering where you should invest $1,000 right now?

When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for over ten years has provided thousands of paying members with stock picks that have doubled, tripled or even more.* Scott just revealed what he believes could be the “five best ASX stocks” for investors to buy right now. These stocks are trading at near dirt-cheap prices and Scott thinks they could be great buys right now

See The 5 Stocks
*Returns as of November 1 2022

(function() {
function setButtonColorDefaults(param, property, defaultValue) {
if( !param || !param.includes(‘#’)) {
var button = document.getElementsByClassName(“pitch-snippet”)[0].getElementsByClassName(“pitch-button”)[0];
button.style[property] = defaultValue;
}
}

setButtonColorDefaults(“#43B02A”, ‘background’, ‘#5FA85D’);
setButtonColorDefaults(“#43B02A”, ‘border-color’, ‘#43A24A’);
setButtonColorDefaults(“#fff”, ‘color’, ‘#fff’);
})()

More reading

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 recommended Dominos Pizza Enterprises Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

from The Motley Fool Australia https://ift.tt/frl7UdM

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *