The S&P/ASX 200 Index (ASX: XJO) started the week out on the wrong foot, falling 1.12% to close at 7,224.8 points.
And it was the giant S&P/ASX 200 Materials Index (ASX: XMJ) that weighed heaviest. It fell 3.15% following a rough Friday session for commodity prices.
Gold futures price dropped 0.5% to US$1,817.10 an ounce on Friday and iron ore futures dumped 0.1% to US$125.85 a tonne. At the same time, copper futures dumped 2.7% and aluminium futures tumbled 2%.
But not all commodities suffered. The S&P/ASX 200 Energy Index (ASX: XEJ) jumped 0.25% on the back of stronger oil prices.
Brent crude oil and US Nymex crude oil each lifted 1.2% to US$83.16 a barrel and US$76.32 a barrel respectively on Friday.
Looking at todayâs earnings releases, the Downer EDI Ltd (ASX: DOW) share price plummeted 24% on lower profits and a guidance downgrade, while todayâs top performer also posted earnings this morning. Letâs take a look at how it performed in 2022.
Top 10 ASX 200 shares countdown
TPG Telecom Ltd (ASX: TPG) shares outperformed all other ASX 200 stocks today after the company revealed a 354% increase in full-year profits, coming in at $513 million.
These shares made todayâs biggest gains:
| ASX-listed company | Share price | Price change |
| TPG Telecom Ltd (ASX: TPG) | $5 | 5.93% |
| Computershare Limited (ASX: CPU) | $24.99 | 2.5% |
| Amcor CDI (ASX: AMC) | $16.92 | 2.24% |
| Qantas Airways Limited (ASX: QAN) | $6.28 | 1.95% |
| Virgon Money UK CDI (ASX: VUK) | $3.15 | 1.61% |
| Woodside Energy Group Ltd (ASX: WDS) | $35.13 | 1.53% |
| Orica Ltd (ASX: ORI) | $16.14 | 1.51% |
| Link Administration Holdings Ltd (ASX: LNK) | $2.19 | 1.39% |
| Flight Centre Travel Group Ltd (ASX: FLT) | $18.65 | 0.92% |
| Orora Ltd (ASX: ORA) | $3.48 | 0.87% |
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(“#0095C8”, ‘background’, ‘#5FA85D’);
setButtonColorDefaults(“#0095C8”, ‘border-color’, ‘#43A24A’);
setButtonColorDefaults(“#fff”, ‘color’, ‘#fff’);
})()
More reading
- Broker tips Qantas share price to fly significantly higher
- How Iâd invest $200 a month in ASX shares to target a $1,000 passive income
- Here are the 3 most heavily traded ASX 200 shares on Monday
- Why Kogan, Praemium, TPG, and Weebit Nano shares are racing higher
- Could this ASX 200 share be the best way to play the energy transition?
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 Link Administration. The Motley Fool Australia has positions in and has recommended Amcor Plc. The Motley Fool Australia has recommended Flight Centre Travel Group, Orora, and Tpg Telecom. 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/l4CXJi1
Stock Pick 