The S&P/ASX 200 Index (ASX: XJO) started the week with a strong session, rising 0.78% to close at 7,276.5 points.
Its day in the green was driven by the S&P/ASX 200 Energy Index (ASX: XJO) The sector lifted 2.5% after oil prices closed last week with a bang.
US Nymex crude oil rose 4.1% to US$71.34 a barrel in Fridayâs session overseas while Brent oil gained 3.9% to US$75.30 a barrel.
Mining stocks also outperformed, with the S&P/ASX 200 Materials Index (ASX: XMJ) gaining 1.6% in a brilliant session for lithium stocks.
But not every sector glittered on Monday. The S&P/ASX 200 Consumer Staples Index (ASX: XSJ) posted the biggest loss, dropping 0.9%.
So, with all that in mind, letâs dive into Mondayâs best-performing ASX 200 shares.
Top 10 ASX 200 shares countdown
Taking out the top spot on the index today was the Lynas Rare Earths Ltd (ASX: LYC) share price.
It roared 12% higher after the company announced its ban on importing and processing lanthanide concentrate in Malaysia has been pushed back to early next year. That means it wonât have to shut down its Malaysian facility.
These shares made todayâs biggest gains:
| ASX-listed company | Share price | Price change |
| Lynas Rare Earths Ltd (ASX: LYC) | $7.37 | 12.01% |
| Life360 Inc (ASX: 360) | $5.46 | 7.69% |
| Core Lithium Ltd (ASX: CXO) | $1.03 | 6.74% |
| Iluka Resources Limited (ASX: ILU) | $11.54 | 5.1% |
| Pilbara Minerals Ltd (ASX: PLS) | $4.60 | 4.55% |
| Lake Resources NL (ASX: LKE) | $0.52 | 4% |
| Whitehaven Coal Ltd (ASX: WHC) | $7.06 | 3.82 % |
| ARB Corporation Ltd (ASX: ARB) | $32.59 | 3.79% |
| Megaport Ltd (ASX: MP1) | $5.52 | 3.76% |
| Champion Iron Ltd (ASX: CIA) | $6.55 | 3.64% |
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 Monday
- What’s the outlook for the Core Lithium share price in May?
- Why Lynas, Piedmont Lithium, Westpac, and Woodside shares are rising
- ASX lithium shares are off and racing today. What’s behind the boost?
- Why is ASX 200 share Lynas Rare Earths leaping 12% on Monday?
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 ARB Corporation, Life360, and Megaport. The Motley Fool Australia has recommended ARB Corporation and Megaport. 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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