

The S&P/ASX 200 Index (ASX: XJO) spent a second consecutive day in the green on Wednesday, lifting 0.87% to close at 7,015.6 points.
It came as the market prepared to learn of the United States Federal Reserveâs next interest rate move. Meanwhile, investors around the globe appear to have regained some confidence following recent banking chaos, which continued this week with UBSâs planned acquisition of Credit Suisse.
Back home, the S&P/ASX 200 Energy Index (ASX: XEJ) outperformed today, gaining 4.2% amid rising oil prices. The price of the black liquid improved around 2% overnight.
The S&P/ASX 200 Information Technology Index (ASX: XIJ) also performed well, lifting 1.3% today.
But not all sectors were winners. The S&P/ASX 200 Real Estate Index (ASX: XRE) posted a 0.4% tumble and gold shares slumped alongside the yellow metalâs value amid improved confidence in the banking sector.
So, with all that covered, letâs take a look at which ASX 200 shares posted the biggest gain on Wednesday.
Top 10 ASX 200 shares countdown
For the second consecutive day, New Hope Corporation Limited (ASX: NHC) took out the indexâs top spot. Its share price gained 5.3% today to close at $5.60.
The coal producer posted its first-half earnings yesterday, revealing its profits doubled over the period.
These shares made todayâs biggest gains:
| ASX-listed company | Share price | Price change |
| New Hope Corporation Limited (ASX: NHC) | $5.60 | 5.26% |
| Woodside Energy Group Ltd (ASX: WDS) | $32.80 | 5.2% |
| Beach Energy Ltd (ASX: BPT) | $1.35 | 4.65% |
| Domain Holdings Australia Ltd (ASX: DHG) | $3.40 | 4.29% |
| Magellan Financial Group Ltd (ASX: MFG) | $8.32 | 3.87% |
| AUB Group Ltd (ASX: AUB) | $25.75 | 3.58% |
| Webjet Limited (ASX: WEB) | $6.94 | 3.58% |
| Karoon Energy Ltd (ASX: KAR) | $2.04 | 3.55% |
| Costa Group Holdings Ltd (ASX: CGC) | $2.36 | 3.51% |
| Block Inc (ASX: SQ2) | $115.15 | 3.5% |
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 March 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
- Rising Flight Centre share price delivers 25% gains to SPP investors in a week
- Invested $1,000 in this ASX 200 share two years ago? Hereâs how much passive income youâve earned
- Here are the 3 most heavily traded ASX 200 shares on Wednesday
- Why is the Zip share price soaring 7% today?
- Why is the New Hope share price up 5% and leading the ASX 200 today?
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. The Motley Fool Australia has positions in and has recommended Block. The Motley Fool Australia has recommended Aub Group and Costa Group. 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/vkDmKQV
Leave a Reply