Here are the top 10 ASX 200 shares today

The S&P/ASX 200 Index (ASX: XJO) broke what was a three-session winning streak on Thursday with tech shares leading the downfall. The index finished today’s trade 0.21% lower at 7,112.80 points.

The S&P/ASX 200 Information Technology Index (ASX: XIJ) was the market’s worst-performing sector, falling 2.4%, following a rough day on the tech-heavy Nasdaq Composite Index (NASDAQ: .IXIC). The Wall Street index slipped 1.25% overnight.

The S&P/ASX 200 Consumer Discretionary Index (ASX: XDJ) also underperformed after recording a notable gain on Wednesday, while the S&P/ASX 200 Consumer Staples Index (ASX: XSJ) lifted for a sixth consecutive session.

Also trading in the green was the S&P/ASX 200 Energy Index (ASX: XEJ). It gained 1.4% to lead the market, likely on the back of higher energy commodity prices.

European coal futures reportedly rose overnight amid increasing concerns of an energy shortage on the continent. Meanwhile, oil prices lifted off a six-month low. The Brent crude price rose 1.4% to US$93.65 a barrel and the US Nymex crude price gained 1.8% to US$88.11 a barrel.

At the end of Thursday’s session, three of the ASX 200’s 11 sectors were trading higher.

So, without further ado, let’s take a look at which share outperformed all others to be crowned today’s top performer.

Top 10 ASX 200 shares countdown

Today’s top performing ASX 200 share was IPH Ltd (ASX: IPH), and by a longshot too. There was plenty of exciting news from the intellectual property services firm today.

It announced a major acquisition and dropped its financial year 2022 results. Find out more about the company and what it’s been up to here.

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

Our top 10 ASX 200 shares countdown is a recurring end-of-day summary to let you know which companies were making big moves on the day. Check in at Fool.com.au after the weekday market closes to see which stocks make the countdown.

The post Here are the top 10 ASX 200 shares today appeared first on The Motley Fool Australia.

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More reading

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• Here are the 3 most heavily traded ASX 200 shares on Thursday
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• Why is the Zip share price behaving so strangely on the ASX today?
• Down 16% in 3 days: Why is the Lake Resources share price still sliding?

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 CSL Ltd. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has recommended IPH Ltd. The Motley Fool Australia has recommended IPH Ltd and Treasury Wine Estates 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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