The S&P/ASX 200 Index (ASX: XJO) took off on Tuesday, rising 1.04% to close at 7,034.1 points amid rallying lithium stocks.
The Liontown Resources Ltd (ASX: LTR) share price rocketed on news it had turned down a $5.5 billion takeover bid from international lithium giant Albemarle.
Many of the ASX 200 companyâs peers also leapt higher â bolstering the S&P/ASX 200 Materials Index (ASX: XJO) to gain 2.2%.
Meanwhile, a $1.5 billion takeover offer posed to United Malt Group Ltd (ASX: UMG) was better received. The maltster has entered an exclusivity deed with French suitor Malteries Soufflet.
Stock in the takeover target led the S&P/ASX 200 Consumer Staples Index (ASX: XSJ) 0.4% higher today.
But it was the S&P/ASX 200 Energy Index (ASX: XEJ) that came in as todayâs top-performing sector, leaping 4.1%.
On the other hand, the S&P/ASX 200 Health Care Index (ASX: XHJ) underperformed all others, falling 0.9%.
But which share posted the indexâs biggest gain on Tuesday? Keep reading to find out.
Top 10 ASX 200 shares countdown
Surprise, surprise! Todayâs top-performing ASX 200 stock was, of course, Liontown.
The lithium hopefulâs share price leapt a whopping 68.5% today to close at $2.57 following Albemarleâs rejected $2.50 per share acquisition offer.
These shares made todayâs biggest gains:
| ASX-listed company | Share price | Price change |
| Liontown Resources Ltd (ASX: LTR) | $2.57 | 68.52% |
| United Malt Group Ltd (ASX: UMG) | $4.50 | 30.81% |
| Core Lithium Ltd (ASX: CXO) | $0.90 | 15.38% |
| Allkem Ltd (ASX: AKE) | $11.53 | 13.71% |
| Pilbara Minerals Ltd (ASX: PLS) | $3.85 | 11.92% |
| Sayona Mining Ltd (ASX: SYA) | $0.205 | 10.81% |
| Paladin Energy Ltd (ASX: PDN) | $0.605 | 9.01% |
| Chalice Mining Ltd (ASX: CHN) | $6.84 | 8.92% |
| Lake Resources N.L. (ASX: LKE) | $0.45 | 8.43% |
| Beach Energy Ltd (ASX: BPT) | $1.385 | 7.78% |
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
- Here are the 3 most heavily traded ASX 200 shares on Tuesday
- 8 ASX 300 lithium stocks surging over 10% today
- Why Chalice Mining, Core Lithium, Liontown, and United Malt shares are racing higher
- Hereâs why the Sayona Mining share price is shooting 14% higher today
- 3 ASX 200 shares cracking multi-year highs on Tuesday
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.
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