Here are the top 10 ASX 200 shares today

The S&P/ASX 200 Index (ASX: XJO) tumbled to its lowest close of 2023 on Monday, falling 1.38% to end the session at 6,898.5 points.

But the news taking the market by storm came from across the seas. Aussies woke up to word that embattled banking giant Credit Suisse will be acquired by rival UBS for around $4.8 billion.

Interestingly, it wasn’t the S&P/ASX 200 Financials Index (ASX: XFJ) leading the Aussie bourse’s falls today. Though, the sector did dump 1.7%.

Instead, it was the S&P/ASX 200 Energy Index (ASX: XEJ) that came in as the index’s worst-performing sector. It plummeted 3% after oil prices ended last week with a fizzle.

Brent crude oil fell 2.3% on Friday to finish last week nearly 12% lower than it started at US$72.97 a barrel. Meanwhile, US Nymex crude oil price dropped 2.4% on Friday to US$66.74 a barrel – marking a 13% week-on-week fall.

But not all was dire on the bourse today. The S&P/ASX 200 Communications Index (ASX: XTJ) lifted 0.4%.

These 10 top-performing ASX 200 stocks also ended the day in the green. Let’s take a look.

Top 10 ASX 200 shares countdown

A strong performance from gold prices, potentially driven by instability alarm bells, likely helped Gold Road Resources Ltd (ASX: GOR) come in as the ASX 200’s top-performing share on Monday.

The stock leapt nearly 11% to close at $1.67, taking the lead from many of its peers.

These shares made today’s biggest gains:

Our top 10 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

• Here are the 3 most heavily traded ASX 200 shares on Monday
• Where I would go hunting for defensive ASX 200 shares with upside
• Why Breaker, Healius, Northern Star, and Tietto Minerals shares are charging higher
• ASX 200 gold shares are starting the week with a bang. Here’s why
• Why this ASX All Ords healthcare share is defying the market weakness and zooming higher

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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