Here are the top 10 ASX shares today

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

| More on:
Top ten gold trophy.

Image source: Getty Images

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

S&P/ASX 200 Index (ASX: XJO) shares struggled on Wednesday as the index broke a four-session winning streak following suffering on Wall Street. The ASX 200 finished today’s session 0.94% lower at 6,700.20 points.

The S&P 500 fell 2.01% overnight while the Dow Jones Industrial Average slipped 1.56%. The Nasdaq Composite was hit hardest, falling 2.98%.

Likely in reaction, the S&P/ASX 200 Information Technology Index (ASX: XIJ) was one of the market’s worst performing sectors, only besting the S&P/ASX 200 Real Estate Index (ASX: XRE). They fell 2.6% and 3.3% respectively.

Meanwhile, news oil prices lifted more than 2% overnight likely helped bolster energy stocks. The S&P/ASX 200 Energy Index (ASX: XEJ) outperformed all its peers, gaining 0.5%. The S&P/ASX 200 Financials Index (ASX: XFJ) also ended in the green today.

Finally, the price of iron ore posted a 0.5% gain overnight to reach US$130.28 a tonne amid COVID-19 restrictions easing in China.  

After all that, the ASX shares that outperformed on Wednesday might come as a surprise. Let’s take a look.

Top 10 ASX shares countdown today

Of the 200 largest ASX shares by market capitalisation, Liontown Resources Limited (ASX: LTR) posted the biggest gain today.

The stock lifted on news the company will push forward with the Kathleen Valley lithium project following another major offtake agreement and a funding facility. Find out more about what’s been going on with Liontown here.

Star Entertainment Group Ltd (ASX: SGR) shares also made today’s top ten performers after the company announced that Robbie Cooke – Tyro Payments Ltd (ASX: TYR)’s current CEO – agreed to take on the top job at the casino operator. Check out the latest on Star here.

Today’s top 10 biggest gains were made by these ASX shares:

ASX-listed companyShare pricePrice change
Liontown Resources Limited (ASX: LTR)$1.1255.63%
Skycity Entertainment Group Limited (ASX: SKC)$2.853.52%
Star Entertainment Group Ltd (ASX: SGR)$2.792.95%
New Hope Corporation Limited (ASX: NHC)$3.652.82%
Aurizon Holdings Ltd (ASX: AZJ)$3.8852.78%
Metcash Limited (ASX: MTS)$4.272.15%
Aristocrat Leisure Limited (ASX: ALL)$35.192%
Viva Energy Group Ltd (ASX: VEA)$2.9351.91%
Whitehaven Coal Ltd (ASX: WHC)$5.001.83%
Downer EDI Limited (ASX: DOW)$5.211.76%

Data as at 3:59pm 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 Brooke Cooper has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended Tyro Payments. The Motley Fool Australia has recommended Aurizon Holdings Limited and Tyro Payments. 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

Two couples having fun racing electric dodgem cars around a track
Share Market News

Here are the top 10 ASX 200 shares today

These 10 ASX 200 shares outperformed all others on Tuesday.

Read more »

A hip young guy works at his home workstation with two screens and a gamers chair, keeping an eye on his crypto investments.
Cryptocurrencies

This is why Ethereum has been outpacing the Bitcoin price gains. Will it last?

The Ethereum blockchain may make its long-awaited transition to a Proof of Stake protocol next month.

Read more »

Happy woman miner with her thumb up signalling Wyloo's commitment to back IGO's takeover of Western Areas nickel
Resources Shares

Why has the Panoramic Resources share price surged 40% in a month?

Rising global demand for nickel and BHP's play for OZ Minerals have helped propel Panoramic shares in recent times.

Read more »

a smiling woman sits at her computer at home with a coffee alongside her, as if pleased with her investments.
Gold

Why has the Northern Star share price climbed 20% in a month?

What's caused the gold miner's shares to shine lately.

Read more »

a hand reaches up from a large pile of papers.
Share Market News

Here are the 3 most heavily traded ASX 200 shares on Tuesday

The ASX's lithium losers are leading our trading volume charts today...

Read more »

Female miner on a walkie talkie.
Share Gainers

This ASX lithium share is surging 45% today. What’s going on?

This ASX lithium share is one of the best performers on the market today.

Read more »

A young woman holds an open book over her head with a round mouthed expression as if to say oops as she looks at her computer screen in a home office setting with a plant on the desk and shelves of books in the background.
Share Fallers

Why Bendigo and Adelaide Bank, Challenger, Seek, and Sims shares are dropping

These ASX shares are out of form on Tuesday...

Read more »

a young woman raises her hands in joyful celebration as she sits at her computer in a home environment.
Share Gainers

Why BHP, Life360, Tassal, and Temple & Webster shares are charging higher

These ASX shares are having strong days...

Read more »