The S&P/ASX 200 Index (ASX: XJO) followed Wall Street into the red on Monday. The index closed 1.4% lower at 6,667.8 points.
Its tumble appeared to follow similar suffering on US markets on Friday after strong employment data stoked expectations of further rate hikes. The Dow Jones Industrial Average Index (DJX: .DJI) fell 2.1% on Friday, as the S&P 500 Index (SP: .INX) plunged 2.8%, and the tech-heavy Nasdaq Composite Index (NASDAQ: .IXIC) plummeted 3.8%.
Unsurprisingly, then, the S&P/ASX 200 Information Technology Index (ASX: XIJ) was one of the market’s worst-performing sectors today, dumping 2.6%.
Interestingly, the S&P/ASX 200 Consumer Staples Index (ASX: CSJ) led the way, falling just 0.3%.
Meanwhile, the S&P/ASX 200 Materials Index (ASX: XMJ) fell 0.9% and the S&/ASX 200 Energy Index (ASX: XEJ) dumped 1.1% despite rising oil prices.
The Brent crude oil price lifted 3.7% to US$97.92 a barrel on Friday, while the US Nymex crude oil price gained 4.7% to US$92.64 a barrel.
But which ASX 200 share outperformed all others on Friday? Let’s take a look.
Top 10 ASX 200 shares countdown
The Sims Ltd (ASX: SGM) share price topped the lot on Monday, gaining 2.2%. That’s despite no news having been released by the metal recycling company.
Today’s biggest gains were made by these shares:
| ASX-listed company | Share price | Price change |
| Sims Ltd (ASX: SGM) | $13.10 | 2.18% |
| Fortescue Metals Group Limited (ASX: FMG) | $17.63 | 1.85% |
| Tabcorp Holdings Limited (ASX: TAH) | $0.97 | 1.57% |
| Rio Tinto Limited (ASX: RIO) | $97.49 | 0.85% |
| BlueScope Steel Limited (ASX: BSL) | $16.31 | 0.68% |
| Coles Group Ltd (ASX: COL) | $16.40 | 0.61% |
| Worley Ltd (ASX: WOR) | $13.31 | 0.53% |
| Chorus Ltd (ASX: CNU) | $6.75 | 0.45% |
| Star Entertainment Group Ltd (ASX: SGR) | $2.60 | 0.39% |
| Link Administration Holdings Ltd (ASX: LNK) | $3.23 | 0.31% |
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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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 Link Administration Holdings Ltd. The Motley Fool Australia has positions in and has recommended COLESGROUP DEF SET. 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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