Here are the top 10 ASX 200 shares today

Golden top 10 - asx shares todayGolden top 10 - asx shares today

The S&P/ASX 200 Index (ASX: XJO) ended the week in the red, falling 0.86% on Friday to close at 7,346.8 points. That leaves it down 1.17% week-on-week.

Today’s tumble followed an equally disappointing overnight session on Wall Street. Dow Jones Industrial Average Index (DJX: .DJI) slumped 1.3%, the S&P 500 Index (SP: .INX) slipped 1.4%, and the Nasdaq Composite Index (NASDAQ: .IXIC) dumped 1.8%.

Back home, it was a bloodbath across much of the market today.

Tech was hit hardest, with the S&P/ASX 200 Information Technology Index (ASX: XIJ) tumbling 2.3%. Its worst performer was the Block Inc (ASX: SQ2) share price, which fell 7.8%.

The S&P/ASX 200 Energy Index (ASX: XEJ) also suffered, falling 1.8% as coal producers spent a second day deep in the red after tumbling amid news of the NSW government’s coal price cap policy yesterday.

There was a bright spot on the ASX 200 today, however. That was the S&P/ASX Utilities Index (ASX: XUJ), which rose 1%, driven by the Origin Energy Ltd (ASX: ORG) share price’s 1.7% gain.

So, with all that in mind, which ASX 200 shares outperformed all others today? Let’s take a look.

Top 10 ASX 200 shares countdown

The biggest gainer on the ASX 200 today was the QBE Insurance Group Ltd (ASX: QBE) share price. It rose 7.4% to close at $14.39.

The insurer posted its full-year earnings this morning, detailing a 2.7% jump in net profit after tax (NPAT) and a 30-cent final dividend­ up 57% year-on-year.

These shares made today’s biggest gains:

ASX-listed company Share price Price change
QBE Insurance Group Ltd (ASX: QBE) $14.39 7.39%
A2 Milk Company Ltd (ASX: A2M) $7.10 6.29%
Corporate Travel Management Ltd (ASX: CTD) $18.10 4.5%
GUD Holdings Limited (ASX: GUD) $10.04 4.47%
Imugene Limited (ASX: IMU) $0.14 3.7%
Super Retail Group Ltd (ASX: SUL) $12.90 3.2%
Orora Ltd (ASX: ORA) $3.43 3%
Computershare Limited (ASX: CPU) $23.88 2.67%
Graincorp Ltd (ASX: GNC) $7.78 2.37%
Collins Foods Ltd (ASX: CKF) $8.87 2.31%

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 February 1 2023

(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 positions in and has recommended Block, Collins Foods, and Super Retail Group. The Motley Fool Australia has positions in and has recommended Block and Super Retail Group. The Motley Fool Australia has recommended A2 Milk, Collins Foods, and Corporate Travel Management. 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/GDCqF6m

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s