Here are the top 10 ASX shares today

S&P/ASX 200 Index (ASX: XJO) mining and tech shares weighed on the market on Monday. The ASX 200 index was 1.14% lower at 6,602.20 points when the market closed.

Its suffering came on the back of a mixed session on Wall Street. The S&P 500 slipped close to 0.1% on Friday while the Dow Jones Industrial Average fell 0.15%. Meanwhile, the NASDAQ Composite rose 0.12%.

The S&P/ASX 200 Materials Index (ASX: XMJ) plunged more than 2% on Monday, potentially on the back of falling base metals. Iron ore futures lifted 0.4% on Friday to trade at US$113.76 – 1.3% lower than it ended the previous week.

Today wasn’t much better on the S&P/ASX 200 Information Technology Index (ASX: XIJ). The sector also plunged more than 2% on Monday, driven lower by the EML Payments Ltd (ASX: EML) share price’s 24% tumble. The company notified the market of its CEO’s unexpected departure this morning.  

The S&P/ASX 200 Energy Index (ASX: XEJ) posted a slight gain today, potentially on the back of higher oil and coal prices.

At the end of Monday’s trade, two of the ASX 200’s 11 sectors were in the green.

But not all shares suffered today. Read on to find out which ASX shares bested the rest to post Monday’s biggest gains.

Top 10 ASX shares countdown

Perhaps unsurprisingly, the top performer among ASX’s 200 biggest companies by market capitalisation is coal producer New Hope Corporation Limited (ASX: NHC).

The company’s share price lifted around 5% today, likely due to rising coal prices. Read more about New Hope Corporation here.

The Meridian Energy Ltd (ASX: MEZ) share price was the second best performer, gaining around 4%. Catch up on what’s been happening with Meridian Energy here.

Today’s top 10 biggest gains were made by these ASX shares:

Data as at 3:59 pm AEST.

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

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• Here are the 5 best ASX 200 bank shares of FY22

Motley Fool contributor Brooke Cooper has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended EML Payments. The Motley Fool Australia has positions in and has recommended EML Payments and Shopping Centres Australasia Property Group. The Motley Fool Australia has recommended Sonic Healthcare Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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