Today, the S&P/ASX 200 Index (ASX: XJO) cemented yet another disappointing performance for investors. At the end of trade, the benchmark index was 2.49% further into the doldrums at 6,961.6 points. This also represents the first session close below 7,000 points since May last year.
No sector was spared in today’s ASX selloff, with all sectors falling 1% or more throughout the day. This time around we cannot place the blame on the performance of Wall Street overnight — given that it finished in the green. Instead, higher-than-expected inflation figures appear to be a catalyst for selling across the ASX on Tuesday.
The energy sector ended up faring the worst of the bunch today, falling 4.3%. Followed closely behind by tech, miners, and real estate.
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, The a2 Milk Company Ltd (ASX: A2M) was the biggest gainer today. Shares in the infant formula producer jumped 7.07% amid speculation the company could be a takeover target. Find out more about The a2 Milk Company here.
The next biggest gaining ASX share today was Summerset Group Holdings Ltd (ASX: SNZ). The retirement village operator lifted 1.41% with no announcements from the company. Typically a 1.4% gain is considered to be trivial, though, on a day like today it’s enough to make the top performers list. Uncover the latest Summerset Group Holdings details here.
Today’s top 10 biggest gains were made in these ASX shares:
| ASX-listed company | Share price | Price change |
| The a2 Milk Company Ltd (ASX: A2M) | $5.45 | 7.07% |
| Summerset Group Holdings Ltd (ASX: SNZ) | $11.51 | 1.41% |
| Eagers Automotive Ltd (ASX: APE) | $12.33 | 1.15% |
| Auckland International Airport Ltd (ASX: AIA) | $6.83 | 0.74% |
| Stockland Corporation Ltd (ASX: SGP) | $4.07 | 0.49% |
| The Star Entertainment Group Ltd (ASX: SGR) | $3.34 | 0.30% |
| Domain Holdings Australia Ltd (ASX: DHG) | $4.78 | 0.21% |
| Commonwealth Bank of Australia (ASX: CBA) | $101.505 | 0.14% |
| Sydney Airport (ASX: SYD) | $8.65 | 0.00% |
| Carsales.com Ltd (ASX: CAR) | $21.54 | -0.05% |
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.
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More reading
- These 3 ASX 200 shares are topping the volume charts on Tuesday
- ASX 200 breaches 7,000 points for the first time since May 2021, but why?
- Why A2 Milk, Baby Bunting, Codan, and Sezzle shares are surging higher
- Why the A2 Milk (ASX:A2M) share price is jumping 8% despite the market selloff
- ASX 200 (ASX:XJO) midday update: Zip confirms Sezzle talks, Fortescue’s Q2 update
Motley Fool contributor Mitchell Lawler owns Commonwealth Bank of Australia. 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 A2 Milk and carsales.com Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.
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