Here are the top 10 ASX shares today

Here are your top 10 biggest gainers in the ASX 200 on Wednesday.

| More on:

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

Today, the S&P/ASX 200 Index (ASX: XJO) took a page out of Wall Street's book by posting a broad market gain. At the closing bell, the benchmark index surged 1.25% higher to 7,405.4 points.

There were minimal losers in today's session, with most companies in the index climber higher. The strongest performers included the communication services, materials, and tech sectors. A shift in sentiment towards markets played out as investors' worries of the Omicron variant waned.

However, the question is: which shares delivered the biggest returns to investors on the ASX today? Here are the top ten stocks that came through for investors:

Top 10 ASX shares countdown today

Looking at the top 200 listed companies, Zip Co Ltd (ASX: Z1P) was the biggest gainer today. Shares in the buy now, pay later provider jumped 10.9% as money flowed back into payment companies. Additionally, Zip appointed former Deliveroo CEO Levi Aron as its chief growth officer for the company's Quadpay operations. Find out more about Zip Co here.

The next biggest gaining ASX share today was Champion Iron Ltd (ASX: CIA). The iron ore explorer gained 6.44% following a rise in the price of the steelmaking commodity. Uncover the latest Champion Iron details here.

Today's top 10 biggest gains were made in these ASX shares:

ASX-listed companyShare pricePrice change
Zip Co Ltd (ASX: Z1P)$5.2910.90%
Champion Iron Ltd (ASX: CIA)$4.966.44%
Mineral Resources Ltd (ASX: MIN)$47.266.27%
Novonix Ltd (ASX: NVX)$9.095.94%
REA Group Ltd (ASX: REA)$169.895.72%
Pilbara Minerals Ltd (ASX: PLS)$2.495.51%
Carsales.com Ltd (ASX: CAR)$26.425.43%
Dicker Data Ltd (ASX: DDR)$14.305.22%
Liontown Resources Ltd (ASX: LTR)$1.5155.21%
Lynas Rare Earths Ltd (ASX: LYC)$9.354.94%
Data as at 4:00pm AEDT

Our top 10 ASX shares today countdown is a recurring end-of-day summary to ensure you know which companies were making big moves on the day. Check-in at Fool.com.au after the market has closed during weekdays to see which stocks make the countdown.

Motley Fool contributor Mitchell Lawler owns shares of Lynas Corporation Limited. The Motley Fool Australia's parent company Motley Fool Holdings Inc. owns shares of and has recommended Dicker Data Limited and ZIPCOLTD FPO. The Motley Fool Australia owns shares of and has recommended Dicker Data Limited. The Motley Fool Australia has recommended REA Group Limited and carsales.com Limited. 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

A man sits in despair at his computer with his hands either side of his head, staring into the screen with a pained and anguished look on his face, in a home office setting.
Share Fallers

Why Fortescue, Life360, PLS, and Syrah shares are dropping today

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

Read more »

A few gold nullets sit on an old-fashioned gold scale, representing ASX gold shares.
Gold

Guess which surging ASX gold share is leaping another 18% today on high-grade results

Investors are piling into this small-cap ASX gold share today. But why?

Read more »

Green stock market graph with a rising arrow symbolising a rising share price.
Opinions

3 unstoppable ASX shares to buy with $3,000

These businesses have strong futures.

Read more »

A financial expert or broker looks worried as he checks out a graph showing market volatility.
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 »

A senior couple sets at a table looking at documents as a professional looking woman sits alongside them as if giving retirement and investing advice.
Share Market News

Nickel Industries posts Q4 earnings and lifts outlook

Nickel Industries reports lower December quarter EBITDA.

Read more »

a man sits at his desk wearing a business shirt and tie and has a hearty laugh at something on his mobile phone.
Share Market News

Neuren Pharmaceuticals revises DAYBUE revenue projections to reach US$700 million in 2028

Neuren Pharmaceuticals has projected DAYBUE global net sales to hit US$700 million by 2028.

Read more »

Overjoyed man celebrating success with yes gesture after getting some good news on mobile.
Broker Notes

Why Bell Potter just upgraded this ASX All Ords share to a buy rating

The broker has turned bullish on this growing company. Here's what you need to know.

Read more »

A female broker in a red jacket whispers in the ear of a man who has a surprised look on his face as she explains which two ASX 200 shares should do well in today's volatile climate
Broker Notes

Bell Potter says these ASX shares are best buys in January

The broker has good things to say about these shares.

Read more »