Today, the S&P/ASX 200 Index (ASX: XJO) suffered a brutal selloff, mirroring the selling pressure on Wall Street last night. At the end of the session, the benchmark index finished 2.74% lower at 7,358.3 points.
In complete contrast to the Aussie market’s first session of the year, today was a sea of red. Not a single sector was unable to escape a more bearish sentiment across the ASX on Thursday. The effect was further exaggerated for tech investors, with the sector tumbling 6.4% — its worst one-day session since February last year. Meanwhile, shares in the materials sector stayed the sturdiest, despite also falling 1.45%.
However, the question is: which shares delivered the biggest returns to investors on the ASX today? It is a challenging question to pose on such days. Fortunately, there were still a handful of companies that stayed in the green.
Here are the top ten stocks that came through for investors:
Top 10 ASX shares countdown today
Looking at the top 200 listed companies, Latitude Group Holdings Ltd (ASX: LFS) was the biggest gainer today. Shares in the financial services provided rose 1.78% after announcing its intent to acquire the consumer finance business of Humm Group Ltd (ASX: HUM) for $335 million. Find out more about Latitude Group here.
The next biggest gaining ASX share today was Zimplats Holdings Ltd (ASX: ZIM). The platinum group metals mining company moved 1.73% higher despite there being no announcements. Uncover the latest Zimplats details here.
Today’s top 10 biggest gains were made in these ASX shares:
|ASX-listed company||Share price||Price change|
|Latitude Group Holdings Ltd (ASX: LFS)||$2.00||1.78%|
|Zimplats Holdings Ltd (ASX: ZIM)||$23.50||1.73%|
|Rio Tinto Ltd (ASX: RIO)||$101.21||0.73%|
|OZ Minerals Ltd (ASX: OZL)||$28.95||0.59%|
|Clinuvel Pharmaceuticals Ltd (ASX: CUV)||$26.88||0.41%|
|Ausnet Services Ltd (ASX: AST)||$2.56||0.39%|
|Medibank Private Ltd (ASX: MPL)||$3.40||0.30%|
|Mercury NZ Ltd (ASX: MCY)||$5.95||0.17%|
|BHP Group Ltd (ASX: BHP)||$42.68||0.12%|
|Summerset Group Holdings Ltd (ASX: SNZ)||$12.99||0.08%|
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.