Today, the S&P/ASX 200 Index (ASX: XJO) took a ride to the downside with a powerful blow to tech shares. At the end of the session, the benchmark index finished 1.08% lower at 7,393.9 points.
Concerns of interest rate hikes caused by high inflation put fear into the market overnight in the United States. Likewise, the Aussie share market has reacted negatively with another broad selldown. Although, unprofitable companies felt the pinch more than others today. On the bright side, the utilities sector managed to finish in the green.
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, TELIX Pharmaceuticals Ltd (ASX: TLX) was the biggest gainer today. Shares in the clinical-stage biotechnology company rose 4.71% without any new announcements circulating. Find out more about TELIX Pharmaceuticals here.
The next biggest gaining ASX share today was Resmed Inc (ASX: RMD). The global healthcare equipment company posted a 3.57% gain despite there being a lack of new information hitting the market today. Uncover the latest Resmed details here.
Today’s top 10 biggest gains were made in these ASX shares:
| ASX-listed company | Share price | Price change |
| TELIX Pharmaceuticals Ltd (ASX: TLX) | $8.67 | 4.71% |
| Resmed Inc (ASX: RMD) | $34.79 | 3.57% |
| Ebos Group Ltd (ASX: EBO) | $38.00 | 3.04% |
| AGL Energy Ltd (ASX: AGL) | $7.47 | 2.75% |
| Alumina Ltd (ASX: AWC) | $2.05 | 2.50% |
| IGO Ltd (ASX: IGO) | $12.72 | 2.17% |
| Mineral Resources Ltd (ASX: MIN) | $65.62 | 2.12% |
| Virgin Money UK PLC (ASX: VUK) | $3.60 | 1.98% |
| Mirvac Group (ASX: MGR) | $2.83 | 1.80% |
| Worley Ltd (ASX: WOR) | $11.42 | 1.60% |
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 over ten 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 January 12th 2022
More reading
- Why this expert sees an opportunity for ASX property shares in 2022
- Here are the 3 most heavily traded ASX 200 shares this Friday
- Why AnteoTech, BrainChip, City Chic, and ResMed shares are charging higher
- How did the VanEck Morningstar Wide Moat ETF (ASX:MOAT) more than double the ASX 200’s returns in 2021?
- ASX 200 (ASX:XJO) midday update: Qantas cuts capacity, Afterpay hits 52-week low
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 has recommended ResMed Inc. 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/3qzO4Zz
Leave a Reply