
Today, the S&P/ASX 200 Index (ASX: XJO) clawed back its earlier weakness to cement the day in the green. At the closing bell, the benchmark index finished 0.13% higher at 7,250.4 points.
The market was pulled in two directions on Monday as investors fled from the more ‘growth’ orientated companies to less volatile options. This shift follows the United States Federal Reserve chair suggesting a tapering in cheap money sooner rather than later. Consequently, the tech sector wore a hefty 2.1% fall today, while utilities and consumer staples experienced the opposite reaction.
However, the question is: which shares delivered the biggest returns to investors on the ASX today? Here are the top ten stocks that came through for investors:
Top 10 ASX shares countdown today
Looking at the top 200 listed companies, Metcash Ltd (ASX: MTS) was the biggest gainer today. Shares in the wholesale distributor company surged 7.60% after posting a strong half-year result. Find out more about Metcash here.
The next biggest gaining ASX share today was APA Group (ASX: APA). The Australian energy infrastructure company experienced a 4.77% appreciation in its share price today. This was despite there being no announcements from the company today. Uncover the latest APA Group details here.
Today’s top 10 biggest gains were made in these ASX shares:
| ASX-listed company | Share price | Price change |
| Metcash Ltd (ASX: MTS) | $4.25 | 7.60% |
| APA Group (ASX: APA) | $9.88 | 4.77% |
| Evolution Mining Ltd (ASX: EVN) | $3.93 | 4.24% |
| Northern Star Resources Ltd (ASX: NST) | $9.11 | 3.41% |
| Whitehaven Coal Ltd (ASX: WHC) | $2.515 | 3.07% |
| Incitec Pivot Ltd (ASX: IPL) | $3.06 | 3.03% |
| Coles Group Ltd (ASX: COL) | $17.86 | 2.94% |
| Bluescope Steel Ltd (ASX: BSL) | $21.03 | 2.74% |
| Woolworths Group Ltd (ASX: WOW) | $40.65 | 2.68% |
| Summerset Group Holdings Ltd (ASX: SNZ) | $12.71 | 2.09% |
Our top 10 ASX shares today countdown is a recurring end-of-day summary to ensure you know which companies were making big moves on the day. Check-in at Fool.com.au after the market has closed during weekdays to see which stocks make the countdown.
The post Here are the top 10 ASX shares today appeared first on The Motley Fool Australia.
Wondering where you should invest $1,000 right now?
When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for more than eight years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*
Scott just revealed what he believes could be the five best ASX stocks for investors to buy right now. These stocks are trading at near dirt-cheap prices and Scott thinks they could be great buys right now.
*Returns as of August 16th 2021
More reading
- These 3 ASX 200 shares are topping the volume charts on Monday
- What do Wesfarmers (ASX:WES) and Amazon.com have in common?
- Why Boral, Metcash, Silver Lake, and Strike Energy shares are pushing higher
- Why ANZ Bank (ASX:ANZ) is losing market share to other big ASX banks
- The Nearmap (ASX:NEA) share price has dived 35% in a month. What now?
Motley Fool contributor Mitchell Lawler 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 owns shares of and has recommended APA Group and COLESGROUP DEF SET. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.
from The Motley Fool Australia https://ift.tt/3Dmdi0B
Leave a Reply