The S&P/ASX 200 Index (ASX: XJO) bounced back today following a 2% tumble that saw only four shares close higher on Monday. The index lifted 0.47% in Tuesdayâs session to close at 6,998.30 points.
In the lead was the S&P/ASX 200 Information Technology Index (ASX: XIJ), with an 1.8% gain.
The S&P/ASX 200 Energy Index (ASX: XEJ) came in next best with a 1.4% rise, helped along by the Woodside Energy Group Ltd (ASX: WDS) share price. It rose 1.5% following the companyâs half-year earnings and a monster dividend.
Surging oil prices also likely helped bolster the sector. The Brent crude oil price rose 4.1% to US$105.09 a barrel overnight while the US Nymex crude oil price lifted 4.2% to US$97.01 a barrel.
Meanwhile, the S&P/ASX 200 Materials Index (ASX: XMJ) recorded the worst performance, slipping 0.04% today. It was weighed down by the Sandfire Resources Ltd (ASX: SFR) share price, which slumped 3.6% on the back of the companyâs financial year 2022 results.
So, with all that in mind, which ASX 200 share outperformed all others on Tuesday? Keep reading to find out.
Top 10 ASX 200 shares countdown
Shares in ASX 200 materials giant Mineral Resources Ltd (ASX: MIN) took out the top spot on the market, gaining 6% today. The company’s stock fell 1.7% yesterday on the back of its full-year earnings.
Todayâs biggest gains were made by these ASX shares:
| ASX-listed company | Share price | Price change |
| Mineral Resources Ltd (ASX: MIN) | $67.96 | 6.2% |
| A2 Milk Company Ltd (ASX: A2M) | $5.73 | 6.11% |
| Paladin Energy Ltd (ASX: PDN) | $0.815 | 5.84% |
| EML Payments Ltd (ASX: EML) | $0.905 | 5.23% |
| Lake Resources Ltd (ASX: LKE) | $1.12 | 5.16% |
| Chalice Mining Ltd (ASX: CHN) | $4.35 | 5.07% |
| Novonix Ltd (ASX: NVX) | $2.33 | 4.95% |
| Webjet Limited (ASX: WEB) | $5.11 | 4.5% |
| Northern Star Resources Ltd (ASX: NST) | $7.79 | 4.42% |
| Imugene Limited (ASX: IMU) | $0.24 | 4.35% |
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.
Wondering where you should invest $1,000 right now?
When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for over ten years has provided thousands of paying members with stock picks that have doubled, tripled or even more.* Scott just revealed what he believes could be the “five best ASX stocks” for investors to buy right now. These stocks are trading at near dirt-cheap prices and Scott thinks they could be great buys right now
See The 5 Stocks
*Returns as of August 4 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(“#43B02A”, ‘background’, ‘#5FA85D’);
setButtonColorDefaults(“#43B02A”, ‘border-color’, ‘#43A24A’);
setButtonColorDefaults(“#fff”, ‘color’, ‘#fff’);
})()
More reading
- Could this give some ASX lithium shares the edge?
- Here are the 3 most heavily traded ASX 200 shares on Tuesday
- Why A2 Milk, Deep Yellow, Healius, and IGO shares are racing higher
- Are A2 Milk shares ‘turning a corner’ on the daigou debacle?
- Why is the Paladin Energy share price up 6% today?
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. The Motley Fool Australia has recommended A2 Milk and Webjet Ltd. 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/ojwnL6p
Leave a Reply