Here are the top 10 ASX 200 shares today

A man sits on a bench atop a mountain with a laptop, making investments with a green ESG mind.A man sits on a bench atop a mountain with a laptop, making investments with a green ESG mind.

Wednesday proved a rough day for the S&P/ASX 200 Index (ASX: XJO). It fell 0.96% to close at a four-week low of 7,197.4 points.

The market’s suffering followed a surprise interest rate hike from the Reserve Bank of Australia yesterday. The official cash rate was lifted 0.25% to 3.85%.

Leading Wednesday’s tumble was the S&P/ASX 200 Energy Index (ASX: XEJ), which fell 2.1%.

The S&P/ASX 200 Financials Index (ASX: XFJ) also suffered, falling 1.5%, while the S&P/ASX 200 Real Estate Index (ASX: XRE) slumped 1%.

But one sector defied the downturn. The S&P/ASX 200 Communication Services Index (ASX: XTJ) rose 0.3%.

Not to mention, numerous ASX 200 shares outperformed the market in today’s session. Let’s take a look at the 10 biggest gainers.

Top 10 ASX 200 shares countdown

Gold shares took out nearly all the top spots on the ASX 200 today. The best performing among them was Gold Road Resources Ltd (ASX: GOR) – its stock rose 4.7%.

The gains came on the back of a strong session for the price of gold. The precious metal’s spot value lifted 1.6% overnight to US$2,024.20 an ounce.

These shares made today’s biggest gains:

ASX-listed company Share price Price change
Gold Road Resources Ltd (ASX: GOR) $1.90 4.68%
West African Resources Ltd (ASX: WAF) $0.975 4.28%
Silver Lake Resources Ltd (ASX: SLR) $1.24 4.2%
Evolution Mining Ltd (ASX: EVN) $3.61 3.74%
Regis Resources Ltd (ASX: RRL) $2.14 2.88%
Pilbara Minerals Ltd (ASX: PLS) $4.20 2.44%
Northern Star Resources Ltd (ASX: NST) $13.55 2.26%
De Grey Mining Limited (ASX: DEG) $1.595 2.24%
Flight Centre Travel Group Ltd (ASX: FLT) $20.80 2.21%
Computershare Ltd (ASX: CPU) $21.92 2.19%

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.

FREE Beginners Investing Guide

Despite what some people may say – we believe investing in shares doesn’t have to be overwhelming or complicated…

For over a decade, we’ve been helping everyday Aussies get started on their journey.

And to help even more people cut through some of the confusion “experts’” seem to want to perpetuate – we’ve created a brand-new “how to” guide.

Yes, Claim my FREE copy!
*Returns as of April 3 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

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 recommended Flight Centre Travel 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/kCIo0ds

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s