After starting off deep in the red, the S&P/ASX 200 Index (ASX: XJO) regained some ground to close 0.08% lower at 7,316.3 points.
Its wobbly performance came amid the release of the latest Australian consumer price index (CPI) data, compiled by the Australian Bureau of Statistics (ABS). It found inflation rose 7% over the 12 months to the March quarter â a notable drop on the 7.8% read on the prior period.
Thatâs likely good news for interest rates. The Reserve Bank of Australia (RBA) board will meet on Tuesday to consider whatâs next for the cash rate.
Leading the Aussie bourse on Wednesday was the S&P/ASX 200 Energy Index (ASX: XEJ). It jumped 0.9% despite oil prices having dumped more than 2% overnight.
Meanwhile, the S&P/ASX 200 Financial Index (ASX: XFJ) slipped slightly, falling 0.05%. It followed a 49% tumble posted by stock in New York-listed peer First Republic Bank. Investors dumped the stock after it reported US$105 billion of deposit outflows for the first quarter.
So, with all that in mind, let’s dive into the 10 ASX 200 shares that outperformed all others in today’s session.
Top 10 ASX 200 shares countdown
Today’s top-performing stock in the index was Gold Road Resources Ltd (ASX: GOR). There’s been no news from the company today.
However, gold stocks have been receiving plenty of attention lately amid a weaker US Dollar, as my Fool colleague Bronwyn reports.
These shares made todayâs biggest gains:
| ASX-listed company | Share price | Price change |
| Gold Road Resources Ltd (ASX: GOR) | $1.88 | 4.74% |
| West African Resources Ltd (ASX: WAF) | $1.015 | 3.57% |
| Evolution Mining Ltd (ASX: EVN) | $3.56 | 3.49% |
| Stockland Corporation Ltd (ASX: SGP) | $4.38 | 2.58% |
| Sayona Mining Ltd (ASX: SYA) | $0.20 | 2.56% |
| Seven Group Holdings Ltd (ASX: SVW) | $23.78 | 2.37% |
| Telix Pharmaceuticals Ltd (ASX: TLX) | $10.39 | 2.26% |
| Ampol Ltd (ASX: ALD) | $31.07 | 2.07% |
| Core Lithium Ltd (ASX: CXO) | $0.995 | 2.05% |
| Silver Lake Resources Ltd (ASX: SLR) | $1.25 | 2.04% |
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 Wednesday
- Why are ASX 200 gold shares leading the market today?
- ASX 200 trims losses on latest inflation news
- Why Core Lithium, Kogan, Northern Star, and Pointsbet shares are storming higher
- First Republic Bank shares just crashed 50%. Here’s how ASX 200 bank stocks are responding
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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