Here are the top 10 ASX 200 shares today

The S&P/ASX 200 Index (ASX: XJO) broke a four-day losing streak with a slight gain on Thursday. The index closed 0.19% higher at 7,135.7 points.

That was despite a poor performance from both the S&P/ASX 200 Materials Index (ASX: XMJ) and the S&P/ASX 200 Energy Index (ASX: XEJ). The former posted a 1.2% fall while the latter slipped 2% amid lower oil prices.

The Brent crude oil price fell 1.1% to US$92.86 a barrel overnight while the US Nymex crude oil price slipped 1.5% to US$85.59 a barrel.

Fortunately, the sectors’ falls were offset by gains elsewhere.

The S&P/ASX 200 Consumer Staples Index (ASX: XSJ) led the way, gaining 1.9%. The S&P/ASX 200 Information Technology Index (ASX: XIJ) also posted a solid rise, lifting 1.2%.

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

Top 10 ASX 200 shares countdown

The top-performing stock on the iconic index today was Pendal Group Ltd (ASX: PDL). It soared 10.5% on news of its planned takeover by Perpetual Limited (ASX: PPT).

A court ruled that Perpetual could be liable for more than the $23 million ‘break fee’ if it were to walk away from the transaction.

Today’s biggest gains were made by these shares:

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.

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More reading

• Here are the 3 most heavily traded ASX 200 shares on Thursday
• Why Altium, Pendal, Terracom, and Webjet shares are pushing higher
• Why ASX 200 ‘investors should brace for impact’: Morgan Stanley
• Why did the Perpetual share price just plummet 14%?
• Worried about a stock market crash? I’d buy these 5 rock-solid ASX shares to ride it out

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 Lovisa Holdings Ltd and Nanosonics Limited. The Motley Fool Australia has positions in and has recommended Nanosonics Limited. The Motley Fool Australia has recommended Austbrokers Holdings Limited, Blackmores Limited, Lovisa Holdings Ltd, and Webjet Ltd. 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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