S&P/ASX 200 Index (ASX: XJO) shares bounced back from Fridayâs disappointing trade today, starting the week out on the right foot. The index closed Mondayâs session 1.23% higher at 6,687.10 points.
Leading the upwards charge was the S&P/ASX 200 Information Technology Index (ASX: XIJ). The tech sector lifted more than 2% on Monday following Fridayâs strong session on Wall Street.
The tech-heavy NASDAQ Composite rose 1.79% on Friday overseas. The S&P 500 also lifted 1.92% while the Dow Jones Industrial Average gained 2.15%.
Financial shares were also among todayâs winners. They were bolstered by news Suncorp Group Ltd (ASX: SUN)âs Suncorp Bank is set to be snapped up by Australia New Zealand Banking Group Ltd (ASX: ANZ) in a $4.9 billion takeover deal.
Meanwhile, the S&P/ASX 200 Health Care Index (ASX: XHJ) was the marketâs worst performing sector, slipping around 0.7%.
At the end of todayâs trade, eight of the ASX 200âs 11 sectors were trading in the green.
But which shares outperformed all others on Monday? Keep reading to find out.
Top 10 ASX shares countdown
The best performing share among ASX’s 200 biggest companies by market capitalisation on Monday was Genesis Energy Ltd (ASX: GNE).
The Genesis Energy share price soared around 10% today. Find out more about what the company has been up to here.
Lithium shares also outperformed today. Both Core Lithium Ltd (ASX: CXO) and Liontown Resources Limited (ASX: LTR) were among today’s ten best performers.
Todayâs top 10 biggest gains were made by these ASX shares:
| ASX-listed company | Share price | Price change |
| Genesis Energy Ltd (ASX: GNE) | $2.75 | 10% |
| Pendal Group Ltd (ASX: PDL) | $4.06 | 7.98% |
| Liontown Resources Limited (ASX: LTR) | $1.02 | 7.37% |
| WiseTech Global Ltd (ASX: WTC) | $47.05 | 6.62% |
| Ventia Services Group Ltd (ASX: VNT) | $2.64 | 6.02% |
| Suncorp Group Ltd (ASX: SUN) | $11.745 | 5.81% |
| Grange Resources Ltd (ASX: GRR) | $1.19 | 5.31% |
| Core Lithium Ltd (ASX: CXO) | $0.9425 | 5.31% |
| Stanmore Resources Ltd (ASX: SMR) | $2.00 | 5.26% |
| Boral Limited (ASX: BLD) | $2.705 | 5.25% |
Data as at 3:59pm 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.
3 Stocks for Runaway Inflation
As the world suffers price shocks⦠and the cost of everything seems to be ticking higherâ¦
These 3 ASX stocks could be the answer to runaway inflation. Boasting key qualities companies need to not only survive but actively thrive when costs surge.
Act fast â because in times of inflation, the worst thing you can do is⦠nothing.
Learn More
*Returns as of July 1 2022
(function() {
function setButtonColorDefaults(param, property, defaultValue) {
if( !param || !param.includes(‘#’)) {
var button = document.getElementsByClassName(“pitch-snippet”)[0].getElementsByClassName(“pitch-button”)[0];
button.style[property] = defaultValue;
}
}
setButtonColorDefaults(“#0095C8”, ‘background’, ‘#5FA85D’);
setButtonColorDefaults(“#0095C8”, ‘border-color’, ‘#43A24A’);
setButtonColorDefaults(“#fff”, ‘color’, ‘#fff’);
})()
More reading
- Leading brokers name 3 ASX shares to buy today
- Why a Suncorp buyout could mean more green funding for Queensland
- State of the future: Why ANZ is excited about Queensland’s potential
- Why Ansell, EML, Suncorp, and Whitehaven Coal shares are charging higher
- This ASX 200 gold minerâs value has plunged from $2b to under $700m. Could it be set for some major M&A action?
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 WiseTech Global. The Motley Fool Australia has positions in and has recommended WiseTech Global. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
from The Motley Fool Australia https://ift.tt/fCeTRgU
Leave a Reply