Here are the top 10 ASX shares today

The S&P/ASX 200 Index (ASX: XJO) slipped lower on Tuesday despite a strong performance by energy shares. The index closed down 0.56% at 6,649.60 points.

The market was dragged lower by the S&P/ASX Information Technology Index (ASX: XIJ). The tech sector dumped close to 3% following a dire Monday on Wall Street.

The NASDAQ Composite dipped 0.8% overnight while the S&P 500 slumped 0.8% and the Dow Jones Industrial Average fell around 0.7%.

On the other end of the spectrum, the S&P/ASX 200 Energy Index (ASX: XEJ) gained 2.45% today, likely on the back of surging oil prices.

The price of Brent crude oil lifted 5.1% overnight to reach US$106.27 a barrel and the US Nymex crude price rose 5.1% to US$102.60 a barrel.

Come the end of Tuesday’s trade, only two of the ASX 200’s 11 sectors were in the green.

So, which ASX shares managed to defy the market’s downturn to scrape together the biggest gains today? Let’s take a look.

Top 10 ASX shares countdown

The top performing shares of the ASX’s 200 biggest companies by market capitalisation may not come as a surprise on Tuesday.

The market was led by ASX 200 energy giant Whitehaven Coal Ltd (ASX: WHC). Find out what the coal producer has been up to lately here.

Meanwhile, Pendal Group Ltd (ASX: PDL) outperformed the market despite spending much of today’s session frozen. The stock was put in the freezer this morning as the company prepared to announce it’s in discussions with Perpetual Limited (ASX: PPT) regarding a potential transaction.  

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

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.

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More reading

• ‘CBA and Westpac are too big’: One fund manager’s take on the future of ASX 200 bank shares
• Here are the 3 most heavily traded ASX 200 shares on Tuesday
• Here’s a look at what might happen to Woolworths shares in FY2023
• Why are Pendal shares in a trading halt?
• These ASX 200 coal shares are smashing 10-year highs on Tuesday

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 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 Scott Phillips.

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