Here are the top 10 ASX 200 shares today

The S&P/ASX 200 Index (ASX: XJO) spent a second consecutive day in the red on Wednesday. The index closed today’s trade 0.85% lower at 7,229.4 points.

And once again, it was the tech sector leading the market’s tumble. The S&P/ASX 200 Information Index (ASX: XIJ) dropped 3.3% today following a rough night for the tech-heavy NASDAQ index.

The Nasdaq Composite Index (NASDAQ: .IXIC) dropped 2% while most of Australia slept.

The S&P/ASX 200 Energy Index (ASX: XEJ) also weighed heavily today, falling 2% as oil prices hit their lowest point of the year so far.

The Brent crude oil price slumped 4% to US$79.35 a barrel overnight while the US Nymex crude oil price fell 3.5% to US$74.25 a barrel.

But not all was dire on the market today. Miners had a good day’s trade, with the S&P/ASX 200 Materials Index (ASX: XMJ) lifting 0.2%.

It was the only gainer, however, with 10 of the ASX 200’s 11 sectors closing lower. But which stock outperformed all others to post Wednesday’s biggest gain? Keep reading to find out.

Top 10 ASX 200 shares countdown

The best performing ASX 200 share today was none other than coal stock Coronado Global Resources Inc (ASX: CRN). It posted a 3% gain despite no word from the company.

Though, as my Fool colleague James reports, Macquarie tipped the stock to gain nearly 50% earlier this week.

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

• Why have 100,000 new investors been buying Fortescue shares over the past 3 years?
• Here are the 3 most heavily traded ASX 200 shares on Wednesday
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• I’d buy 1,000 shares of this ASX 200 stock for $800 in monthly passive income
• Which ASX mining shares have had their dividend yields slashed the most in 2022?

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 Insurance Australia Group. The Motley Fool Australia has recommended Macquarie Group and Nib Holdings 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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