Today, the S&P/ASX 200 Index (ASX: XJO) was a bleak site as investors brace for additional Russian sanctions. At the end of the session, the benchmark index finished 1.02% lower at 7,038.6 points.
In an abrasive start to the week, the Aussie market showed little in the way of optimism with nine of the 11 sectors closing lower. The pain was mostly felt by the tech sector as investors decided to continue their shift out of risk-on investments.
Fortunately, the energy corner of the index thrived under the conditions, as concerns of a constrained oil supply mount. From this, share prices across oil, gas, and coal companies were bid higher.
However, the question is: which shares managed to stay in the green on the ASX today? Here are the top ten stocks that pulled through for investors:
Top 10 ASX shares countdown today
Looking at the top 200 listed companies, Coronado Global Resources Inc (ASX: CRN) was the biggest gainer today. Shares in the metallurgical coal producer surged 12.26% following another new record high coal price of US$430 per tonne being set. Find out more about Coronado Global Resources here.
The next biggest gaining ASX share today was Woodside Petroleum Ltd (ASX: WPL). The oil and gas giant set yet another 52-week high today amid the growing energy crisis. Shares in the company rallied 9.52% to cement their place at a market cap of more than $33 billion. Uncover the latest Woodside Petroleum details here.
Today’s top 10 biggest gains were made in these ASX shares:
| ASX-listed company | Share price | Price change |
| Coronado Global Resources Inc (ASX: CRN) | $2.06 | 12.26% |
| Woodside Petroleum Ltd (ASX: WPL) | $34.41 | 9.52% |
| Zimplats Holdings Ltd (ASX: ZIM) | $28.27 | 7.08% |
| IGO Ltd (ASX: IGO) | $13.00 | 6.73% |
| Beach Energy Ltd (ASX: BPT) | $1.77 | 6.31% |
| Northern Star Resources Ltd (ASX: NST) | $10.74 | 6.13% |
| Incitec Pivot Ltd (ASX: IPL) | $3.46 | 5.49% |
| Santos Ltd (ASX: STO) | $8.17 | 5.28% |
| Newcrest Mining Ltd (ASX: NCM) | $27.37 | 5.19% |
| Whitehaven Coal Ltd (ASX: WHC) | $4.18 | 4.76% |
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
- WAM boss urges cashed-up ASX 200 companies to buy, invest or pay dividends
- Why is the Fortescue (ASX:FMG) share price having such a stellar start to the week?
- Woodside (ASX:WPL) share price surges another 9% today as oil resumes rally
- These 3 ASX 200 shares are topping the volume charts this Monday
- Glitch! Why are ASX tech shares getting hammered on Monday?
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 no position in any of the stocks mentioned. 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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