The S&P/ASX 200 Index (ASX: XJO) has started the week in the red. The index slumped 0.21% on Monday to close at 7,133.6 points.
Fortunately, that was a relatively tame tumble compared to that posted by New York indices on Friday. The Dow Jones Industrial Average Index (DJX: .DJI) fell 0.8%, the S&P 500 Index (SP: .INX) slumped 1.1%, and the Nasdaq Composite Index (NASDAQ: .IXIC) dumped 1% amid recession concerns seemingly spurred by hawkish comments from US Federal Reserve officials.
Today also saw the ASX 200’s latest quarterly rebalance take effect. Only two stocks were involved in the December shakeup. St Barbara Ltd (ASX: SBM) was booted from the iconic index, and replaced by Monadelphous Group Limited (ASX: MND).
The S&P/ASX 200 Energy Index (ASX: XEJ) and the S&P/ASX 200 Materials Index (ASX: XMJ) were todayâs top-performing sectors. They gained 0.5% and 0.4% respectively.
Meanwhile, the S&P/ASX 200 Utilities Index (ASX: XUJ), the S&P/ASX 200 Health Care Index (ASX: XHJ), and the S&P/ASX 200 Real Estate Index (ASX: XRE) were among the worst performers. They dropped 0.8%, 0.8%, and 1.1% respectively.
But which ASX 200 share dodged todayâs carnage to post the strongest start to the week? Keep reading to find out.
Top 10 ASX 200 shares countdown
Today’s top performer was none other than Nickel Industries Ltd (ASX: NIC). Its stock rose around 5% despite the company’s silence.
Todayâs biggest gains were made by these shares:
| ASX-listed company | Share price | Price change |
| Nickel Industries Ltd (ASX: NIC) | $0.99 | 4.76% |
| United Malt Group Ltd (ASX: UMG) | $3.48 | 4.5% |
| Evolution Mining Ltd (ASX: EVN) | $2.90 | 4.32% |
| New Hope Corporation Limited (ASX: NHC) | $6.49 | 4.01% |
| Paladin Energy Ltd (ASX: PDN) | $0.735 | 3.52% |
| Silver Lake Resources Limited (ASX: SLR) | $1.21 | 3.42% |
| Northern Star Resources Ltd (ASX: NST) | $11.02 | 3.38% |
| De Grey Mining Limited (ASX: DEG) | $1.235 | 3.35% |
| Whitehaven Coal Ltd (ASX: WHC) | $10.60 | 3.11% |
| Chorus Ltd (ASX: CNU) | $7.85 | 3.02% |
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 December 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(“#0095C8”, ‘background’, ‘#5FA85D’);
setButtonColorDefaults(“#0095C8”, ‘border-color’, ‘#43A24A’);
setButtonColorDefaults(“#fff”, ‘color’, ‘#fff’);
})()
More reading
- Here are the 3 most heavily traded ASX 200 shares on Monday
- Guess which ASX 200 gold CEO just sold $2 million worth of shares
- Why Core Lithium, MMA, Northern Star, and Warrego Energy are charging higher
- Invest, or not to invest in ASX shares: Why I think the pessimists are wrong again
- Is the Pinnacle share price the ASX 200’s biggest bargain right now?
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 no position in any of the stocks mentioned. 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/v6KqYOo
Leave a Reply