Today, the S&P/ASX 200 Index (ASX: XJO) was in a good mood as iron ore prices continued to recover. At the end of the session, the benchmark index finished 1.07% higher at 7,186.7 points.
Investors maintained their optimism throughout Tuesday’s performance. In turn, the majority of sectors across the index experienced a green rush. However, this wasn’t the case for tech shares, with the sector suffering a 1.4% fall. In contrast, the best performing sector was materials amid iron ore miners receiving a bump on stronger prices.
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, Magellan Financial Group Ltd (ASX: MFG) was the biggest gainer today. Shares in the funds management company rallied 7.24% despite Mogan Stanley retaining their underweight rating and $17.20 price target. Find out more about Magellan Financial Group here.
The next biggest gaining ASX share today was Flight Centre Travel Group Ltd (ASX: FLT). The travel management company gained 7.23% after CEO Graham Turner shared optimism towards the planned international border reopening. Uncover the latest Flight Centre Travel Group details here.
Today’s top 10 biggest gains were made in these ASX shares:
| ASX-listed company | Share price | Price change |
| Magellan Financial Group Ltd (ASX: MFG) | $17.62 | 7.24% |
| Flight Centre Travel Group Ltd (ASX: FLT) | $20.31 | 7.23% |
| Suncorp Group Ltd (ASX: SUN) | $12.07 | 5.88% |
| Viva Energy Group Ltd (ASX: VEA) | $2.39 | 4.83% |
| Skycity Entertainment Group Ltd (ASX: SKC) | $2.86 | 4.76% |
| AVZ Minerals Ltd (ASX: AVZ) | $0.795 | 4.61% |
| Corporate Travel Management Ltd (ASX: CTD) | $23.03 | 4.59% |
| Macquarie Group Ltd (ASX: MQG) | $202.37 | 4.30% |
| Champion Iron Ltd (ASX: CIA) | $7.03 | 4.15% |
| The Star Entertainment Group Ltd (ASX: SGR) | $3.72 | 3.91% |
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
- Why are Sydney Airport (ASX:SYD) shares such hot property today?
- Here are the 3 most heavily traded ASX 200 shares on Tuesday
- Leading brokers name 3 ASX shares to sell today
- ‘On the way back’: Flight Centre (ASX:FLT) share price takes off on border reopening
- Why Flight Centre, Macquarie, Super Retail, and Suncorp shares are racing higher
Motley Fool contributor Mitchell Lawler owns Macquarie Group Limited. 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 Corporate Travel Management Limited, Flight Centre Travel Group Limited, and Macquarie Group 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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