The S&P/ASX 200 Index (ASX: XJO) slumped on Wednesday, dropping 0.12% to close at 7,255.7 points.
Its day in the red came on the back of the 2023 federal budget, delivered on Tuesday night.
It included $14.6 billion of spending aimed at easing cost-of-living pressures. However, that might have increased the likelihood of further interest rate hikes, as my Fool colleague Bernd reports.
Back to the bourse, and the S&P/ASX 200 Health Care Index (ASX: XHJ) posted todayâs biggest gain, lifting 1%.
But most sectors traded lower in todayâs session. The S&P/ASX 200 Financials Index (ASX: XFJ) fell hardest, sliding 0.5%.
Meanwhile, the S&P/ASX 200 Energy Index (ASX: XEJ) and the S&P/ASX 200 Materials Index (ASX: XMJ) both dropped 0.3%.
Interestingly, however, it was an ASX 200 energy stock that led the market higher on Wednesday. Letâs take a look at todayâs top performers.
Top 10 ASX 200 shares countdown
Uranium producer Paladin Energy Ltd (ASX: PDN) took out todayâs top spot. Its share price gained 8.4% to close at 71 cents.
These shares made todayâs biggest gains:
| ASX-listed company | Share price | Price change |
| Paladin Energy Ltd (ASX: PDN) | $0.71 | 8.4% |
| Monadelphous Group Ltd (ASX: MND) | $13.30 | 3.5% |
| Telix Pharmaceuticals Ltd (ASX: TLX) | $10.95 | 3.3% |
| Lynas Rare Earths Ltd (ASX: LYC) | $7.57 | 3.27% |
| Life360 Inc (ASX: 360) | $5.68 | 2.9% |
| BrainChip Holdings Ltd (ASX: BRN) | $0.425 | 2.41% |
| Graincorp Ltd (ASX: GNC) | $7.10 | 2.16% |
| Core Lithium Ltd (ASX: CXO) | $1.02 | 2% |
| Ipd Education Ltd (ASX: IEL) | $27.15 | 1.91% |
| Incitec Pivot Ltd (ASX: IPL) | $3.27 | 1.87% |
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
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- Here are the 3 most heavily traded ASX 200 shares on Wednesday
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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 Idp Education and Life360. The Motley Fool Australia has recommended Idp Education. 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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