The S&P/ASX 200 Index (ASX: XJO) slipped lower once more on Thursday, falling 0.05% to close at 7,251.9 points.
Weighing it down was the S&P/ASX 200 Materials Index (ASX: XMJ), which slumped 0.4% despite a ripper performance from many of the marketâs lithium shares.
They surged on the back of merger news from Allkem Ltd (ASX: AKE). The lithium producer announced its intent to merge with Livent Corp (NYSE: LTHM) to create a $15.7 billion industry giant.
The S&P/ASX 200 Utilities Index (ASX: XUJ) put on an even worse performance, falling 1.1%.
But it wasnât an endless sea of red. The S&P/ASX 200 Information Technology Index (ASX: XIJ) lifted 1.4% while the S&P/ASX 200 Communications Index (ASX: XTJ) rose 0.7%.
So, with all that in mind, letâs dive into the ASX 200 shares that outperformed all others on Thursday.
Top 10 ASX 200 shares countdown
Perhaps unsurprisingly, the indexâs biggest gain in todayâs session was posted by Allkem. Its share price rocketed 15.7% to close at $14.94, seemingly dragging many other ASX 200 lithium stocks along for the ride.
These shares made todayâs biggest gains:
ASX-listed company | Share price | Price change |
Allkem Ltd (ASX: AKE) | $14.94 | 15.72% |
Lake Resources NL (ASX: LKE) | $0.575 | 12.75% |
Graincorp Ltd (ASX: GNC) | $7.81 | 10% |
Core Lithium Ltd (ASX: CXO) | $1.11 | 8.82% |
Pilbara Minerals Ltd (ASX: PLS) | $4.78 | 5.05% |
Sayona Mining Ltd (ASX: SYA) | $0.21 | 5% |
Seek Ltd (ASX: SEK) | $24.37 | 3.79% |
BrainChip Holdings Ltd (ASX: BRN) | $0.44 | 3.53% |
Telix Pharmaceuticals Ltd (ASX: TLX) | $11.30 | 3.2% |
Eagers Automotive Ltd (ASX: APE) | $14.46 | 3.14% |
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 Allkem, Core Lithium, Graincorp, and Omni Bridgeway shares are racing higher
- Here are the 3 most heavily traded ASX 200 shares on Thursday
- Top broker tips ‘scope for significant capital return’ on GrainCorp shares
- ASX lithium shares rocket higher amid Allkem merger news
- 3 ASX All Ordinaries shares rocketing over 14% on Thursday
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 Seek. 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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