Which ASX shares are leading the ASX 200 today?

These ASX 200 shares are charging ahead today.

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

The S&P/ASX 200 Index (ASX: XJO) is having a decent day in the green so far this Wednesday. At the time of writing, the ASX 200 is up a modest 0.18% to 7,516 points after initially rising to 7,5342 points earlier today.

With the ASX 200 having a positive day today, let's check out which ASX 200 shares are contributing to this rise most enthusiastically.

stock market gaining

Image source: Getty Images

Which ASX shares are leading the ASX 200 on Wednesday?

WiseTech Global Ltd (ASX: WTC)

WiseTech shares are on fire today, leading the ASX 200 with a very pleasing 30.77% gain at the time of writing to $46.90 a share. At one point this morning, the company was even higher, up more than 50% to a new all-time record of $57.31 a share. These gains were so massive that WiseTech actually got issued a 'speeding ticket' please explain from the ASX itself earlier today. This resulted in a brief trading halt for WiseTech shares.

All of these gains seem to stem from the company's FY21 earnings report which was delivered this morning. See our full coverage of WiseTech's impressive numbers here.

HUB24 Ltd (ASX: HUB)

Investment company HUB24 is another ASX 200 share contributing to the index's gains today. At the time of writing, HUB24 shares are up a healthy 10.3% to $30.78 a share. That's after hitting a new all-time high of its own – $31.22 a share – earlier this morning.

This move appears to also be the result of an impressive earnings report. HUB24 delivered its FY21 numbers yesterday, which saw its shares rise by more than 8%. Today's additional rise seems to be assisted by some positive broker coverage, as my Fool colleague James covered earlier today.

Appen Ltd (ASX: APX)

This embattled ASX tech share is also lending a hand to the ASX 200's gains today. At the time of writing, Appen shares are up a robust 7.47% to $13.66 a share. That would be a welcome move for investors, seeing as Appen is still down around 46.5% year to date in 20201 so far. Appen reports its own FY21 numbers tomorrow morning. But it appears some investors are jumping the gun today and bidding Appen higher in anticipation. Again, some positive broker attention may be greasing the wheels here.

Flight Centre Travel Group Ltd (ASX: FLT)

Flight Centre shares are, well, flying today, with this travel company currently up 6.83% to $16.25 a share. Like Appen, Flight Centre reports its earnings tomorrow, so we seem to be seeing a similar pattern here. It is worth noting that ASX 200 travel shares as a whole have been having a very pleasant week after a few weeks of malaise. As my Fool colleague Mitchell covered yesterday, this could be in response to Australia's ballooning vaccination rates.

Two other ASX 200 travel shares in Qantas Airways Limited (ASX: QAN) and Webjet Limited (ASX: WEB) are also enjoying healthy gains today, up 5.2% and 5.7% respectively.

Motley Fool contributor Sebastian Bowen has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. owns shares of and has recommended Appen Ltd, Hub24 Ltd, and WiseTech Global. The Motley Fool Australia owns shares of and has recommended Appen Ltd, Webjet Ltd., and WiseTech Global. The Motley Fool Australia has recommended Flight Centre Travel Group Limited and Hub24 Ltd. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

More on Share Market News

Focused man entrepreneur with glasses working, looking at laptop screen thinking about something intently while sitting in the office.
Broker Notes

Buy, hold, sell: Northern Star, Telix, and Virgin Australia shares

Let’s see if they are bullish or bearish on these names.

Read more »

Three children wearing athletic short and singlets stand side by side on a running track wearing medals around their necks and standing with their hands on their hips.
Share Gainers

Here are the top 10 ASX 200 shares today

It was a rough start to the trading week this Monday.

Read more »

A man looking at his laptop and thinking.
Broker Notes

Forget CBA shares and buy this ASX ETF: experts

Here's what experts are saying about these two investment options.

Read more »

Middle age caucasian man smiling confident drinking coffee at home.
Broker Notes

Buy, hold, sell: BHP, Guzman Y Gomez, and Pro Medicus shares

Are brokers bullish or bearish on these names? Let's find out.

Read more »

Red buy button on an Apple keyboard with a finger on it.
Broker Notes

Leading brokers name 3 ASX shares to buy today

Here's why brokers believe that now could be the time to buy these shares.

Read more »

Humanoid robot analysing the stock market, symbolising artificial intelligence shares.
Broker Notes

Up 109% since November, are Appen shares still a buy today?

A leading expert digs into the outlook for Appen shares amid the rise of AI.

Read more »

Paper aeroplane going down on a chart, symbolising a falling share price.
Travel Shares

Why Web Travel shares are sliding as fresh takeover hopes return

Web Travel shares sink as investors weigh CEO succession and takeover risk.

Read more »

Shot of a young businesswoman looking stressed out while working in an office.
Share Fallers

Why 4DMedical, Brainchip, Catapult, and Star Entertainment shares are falling today

These shares are starting the week in the red. But why>

Read more »