Here are the top 10 ASX shares today

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

| 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) captured its third consecutive day in the green despite Wall Street getting the cold shoulder from investors. At the end of the session, the benchmark index finished 0.27% higher at 7,112.5 points.

While whispers of a potential higher rate increase in June circulated the market, investors were unnerved as they fired their money into the more defensive sectors on Tuesday. Getting the most attention were energy companies, though, battery material miners fared favourably as well.

Unfortunately, market participants were less keen on healthcare, real estate, and tech today. These are the same sectors that we have previously watched weaken on news of higher rates.

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, Core Lithium Ltd (ASX: CXO) was the biggest gainer today. Shares in the lithium project developer surged 9.28% following an update on the company's progress towards bringing the Finniss Lithium Project online. Find out more about Core Lithium here.

The next best performing ASX share across the market today was Lynas Rare Earths Ltd (ASX: LYC). The rare earths producer's share price firmed by 6.56% today as demand for rare earth oxides continues to hold strong. Uncover the latest Lynas Rare Earths details here.

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

ASX-listed companyShare pricePrice change
Core Lithium Ltd (ASX: CXO)$1.2959.28%
Lynas Rare Earths Ltd (ASX: LYC)$9.426.56%
Beach Energy Ltd (ASX: BPT)$1.7356.12%
Whitehaven Coal Ltd (ASX: WHC)$5.205.91%
Mineral Resources Ltd (ASX: MIN)$58.165.71%
Allkem Ltd (ASX: AKE)$12.065.51%
Coronado Global Resources Inc (ASX: CRN)$2.295.05%
Pilbara Minerals Ltd (ASX: PLS)$2.735.00%
Sandfire Resources Ltd (ASX: SFR)$5.154.04%
New Hope Corporation Ltd (ASX: NHC)$3.884.02%
Data as at 4:00 AEST

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 has positions in Lynas Corporation Limited. 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.

More on Share Market News

A man in his 30s holds his laptop and operates it with his other hand as he has a look of pleasant surprise on his face as though he is learning something new or finding hidden value in something on the screen.
Share Market News

Why ASX shares don't need interest rate cuts to rally

Everyone is focused on interest rates. But are cuts necessary?

Read more »

A young male worker climbs a ladder.
Share Market News

Investing in shares now 'part of the ladder' to buying a home

Investing in shares can speed up the process of generating enough cash for a home deposit, expert says.

Read more »

A businessman looking at his digital tablet or strategy planning in hotel conference lobby. He is happy at achieving financial goals.
Broker Notes

Goldman says buy this ASX 200 share for a 14% annual return

This overlooked stock could be a good option for investors according to the broker.

Read more »

Data Centre Technology
Opinions

How to invest in data centres with ASX shares

The data centre industry is exciting, it could see strong growth.

Read more »

Worker inspecting oil and gas pipeline.
Opinions

Here's where I see the Woodside share price ending 2024

I think the Woodside share price is poised for a 2024 rebound.

Read more »

A male ASX 200 broker wearing a blue shirt and black tie holds one hand to his chin with the other arm crossed across his body as he watches stock prices on a digital screen while deep in thought
Share Market News

5 things to watch on the ASX 200 on Friday

Will the market end the week strongly? Let's find out.

Read more »

A smiling businessman in the city looks at his phone and punches the air in celebration of good news.
Share Market News

Here are the top 10 ASX 200 shares today

Investors finally caught a break during today's trading.

Read more »

A person leans over to whisper a secret to a colleague during a meeting.
Share Market News

Here's when ANZ says the first interest rate cut will be

There's been speculation that Australia's first rate cut may be delayed if the United States delays its own.

Read more »