The S&P/ASX 200 Index (ASX: XJO) plummeted on Tuesday, dropping 0.92% to finish the session at 7,267.4 points.
Its day in the red came amid the Reserve Bank of Australia (RBA) boardâs May meeting, wherein it hiked interest rates once more.
The official cash rate now stands 0.25% higher at 3.85% â 3.5% higher than it was this time last year when the first of what is now 11 rate hikes was implemented.
The RBA made the move despite admitting inflation has passed its peak â coming in at 7% last month.
Leading todayâs tumble was the S&P/ASX 200 Real Estate Index (ASX: XRE), which fell 2.1%.
It was also a tough day for the S&P/ASX 200 Communication Index (ASX: XTJ) and the S&P/ASX 200 Energy Index (ASX: XEJ). They fell 1.8% and 1.5% respectively.
But it wasnât all red across the boards. The S&P/ASX 200 Information Technology Index (ASX: XIJ) rose 0.02% despite the Computershare Ltd (ASX: CPU) share price dropping 4.8% after the company reaffirmed its full-year guidance.
So, with all that in mind, letâs take a look at which ASX 200 share outperformed all others in todayâs session.
Top 10 ASX 200 shares countdown
The indexâs biggest gains on Tuesday were posted by the Pinnacle Investment Management Group Ltd (ASX: PNI) share price. It leapt 6.1% today despite no news having been released by the company.
These shares made todayâs biggest gains:
| ASX-listed company | Share price | Price change |
| Pinnacle Investment Management Group Ltd (ASX: PNI) | $9.06 | 6.09% |
| Cleanaway Waste Management Ltd (ASX: CWY) | $2.56 | 5.79% |
| Lake Resources N.L. (ASX: LKE) | $0.47 | 5.62% |
| Telix Pharmaceuticals Ltd (ASX: TLX) | $10.78 | 3.06% |
| Graincorp Ltd (ASX: GNC) | $7.10 | 2.16% |
| Fletcher Building Ltd (ASX: FBU) | $4.37 | 2.1% |
| Healius Ltd (ASX: HLS) | $3.07 | 1.66% |
| NRW Holdings Limited (ASX: NWH) | $2.49 | 1.63% |
| Newell Brands Inc (ASX: NWL) | $13.77 | 1.62% |
| Costa Group Holdings Ltd (ASX: CGC) | $2.61 | 1.56% |
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
- Why Cleanaway, Graincorp, Healius, and PolyNovo shares are pushing higher today
- ‘Attractive entry point’: 2 ASX 200 dividend shares to pounce on right now
- 5 things to watch on the ASX 200 on Tuesday
- Why Perenti, Pointsbet, ResMed, and Telix shares are rising today
- A ‘big red flag’ for ASX investors to avoid at all costs
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 Netwealth Group and Pinnacle Investment Management Group. The Motley Fool Australia has positions in and has recommended Netwealth Group and Pinnacle Investment Management Group. The Motley Fool Australia has recommended Costa Group. 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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