Here are the top 10 ASX 200 shares today

The ASX 200 was back to the races today.

A group of friends party and dance in the desert with colourful confetti all around them.

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

And just like that, the S&P/ASX 200 Index (ASX: XJO) is back in form.

Yesterday, investors were rocked with a fairly awful day of trading for ASX shares. But today, we got the exact opposite. By the wrap-up of the day's trading, the ASX 200 had bounced by an encouraging 0.77%, leaving the index at 7,605.7 points.

This strong session on the Australian markets comes after an equally bullish night up on the US stock exchanges last night.

The Dow Jones Industrial Average Index (DJX: .DJI) bounced back with a rise of 0.4%.

It was even better for the Nasdaq Composite Index (NASDAQ: .IXIC), which rocketed an encouraging 1.3%.

But let's return to the local markets now and see how the various ASX sectors ended up after this pleasing market performance.

Winners and losers

Despite the overall good mood of investors, there were still a few sectors that saw losses this Thursday.

The worst of these were energy shares. The S&P/ASX 200 Energy Index (ASX: XEJ) had an awful session, tanking by 2.1%.

Mining stocks weren't in demand either. The S&P/ASX 200 Materials Index (ASX: XMJ) wasn't quite as shunned but still clanged down by 0.66%.

Communications shares missed out too. The S&P/ASX 200 Communication Services Index (ASX: XTJ) slid 0.45% lower by the closing bell.

Gold stocks were our final losers today, with the All Ordinaries Gold Index (ASX: XGD) retreating by 0.26%.

But that's it for the red sectors. Turning to the green ones now, tech shares were the hottest place to be this Thursday. The S&P/ASX 200 Information Technology Index (ASX: XIJ) had a field day today, rocketing a massive 6.81%. Check out the top ten shares below for an explanation.

ASX real estate investment trusts (REITs) were on fire as well, evidenced by the S&P/ASX 200 A-REIT Index (ASX: XPJ)'s 3.42% surge.

As were consumer discretionary shares. The S&P/ASX 200 Consumer Discretionary Index (ASX: XDJ) was in on the party, flying 2.77% higher.

Its consumer staples counterpart was next, with the S&P/ASX 200 Consumer Staples Index (ASX: XSJ) gaining 1.30%.

Industrials stocks were in form as well, with the S&P/ASX 200 Industrials Index (ASX: XNJ) bouncing 1.20%.

Another winner came in the form of financial shares. The S&P/ASX 200 Financials Index (ASX: XFJ) soared 0.97% higher today.

Utilities stocks were also a bright spot, as you can see from the S&P/ASX 200 Utilities Index (ASX: XUJ)'s lift of 0.69%.

Finally, healthcare shares had a good time today as well. The S&P/ASX 200 Healthcare Index (ASX: XHJ) ended up banking a rise of 0.39%.

Top 10 ASX 200 shares countdown

By a country mile, it was ASX tech stock Altium Ltd (ASX: ALU) that dominated today's gainers. Altium shares popped a whopping 28.76% to $66 each. This massive surge followed the revelation that Altium had accepted a takeover deal from the Japanese Renesas Electronics Corporation at $68.50 a share.

There was no news out from the company or the sector that can easily explain this, but most lithium stocks seemed to be in demand today.

Here's how the rest of today's substantial winners landed at the closing bell:

ASX-listed company Share price Price change
Altium Ltd (ASX: ALU) $66.00 28.76%
Sayona Mining Ltd (ASX: SYA) $0.051 13.33%
Goodman Group (ASX: GMG) $28.47 7.03%
Life360 Inc (ASX: 360) $7.83 6.10%
Downer EDI Ltd (ASX: DOW) $5.07 5.85%
Xero Limited (ASX: XRO) $118.02 5.77%
Weebit Nano Ltd (ASX: WBT) $3.89 5.42%
Wesfarmers Ltd (ASX: WES) $61.91 5.04%
WiseTech Global Ltd (ASX: WTC) $78.57 4.77%
Domain Holdings Australia Ltd (ASX: DHG) $3.54 4.73%

Our top 10 shares countdown is a recurring end-of-day summary to let you know which companies were making big moves on the day. Check in at Fool.com.au after the weekday market closes to see which stocks make the countdown.

Motley Fool contributor Sebastian Bowen has positions in Wesfarmers. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended Altium, Goodman Group, Life360, Wesfarmers, WiseTech Global, and Xero. The Motley Fool Australia has positions in and has recommended Wesfarmers, WiseTech Global, and Xero. The Motley Fool Australia has recommended Goodman Group. 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 businessman looking at his digital tablet or strategy planning in hotel conference lobby. He is happy at achieving financial goals.
Broker Notes

Morgans names more of the best ASX shares to buy

The broker has given these shares a big thumbs up.

Read more »

Animation of a man measuring a percentage sign, symbolising rising interest rates.
Share Market News

Are interest rate cuts now off the table for 2024?

The RBA is struggling in its battle with inflation. What does this mean for interest rates?

Read more »

A young man wearing a black and white striped t-shirt looks surprised.
Broker Notes

These ASX 300 shares could rise 20% to 65%

Big returns could be on the cards for these shares according to analysts.

Read more »

Woman at home saving money in a piggybank and smiling.
Opinions

Why I just invested another $1,000 in my favourite ASX 200 stock

I’m planning to hold this stock for a very long time.

Read more »

A man looking at his laptop and thinking.
Share Market News

Why is the ASX 200 pumping the brakes before the weekend?

Australian investors don't have the appetite today, here's why.

Read more »

Miner and company person analysing results of a mining company.
Resources Shares

Buy one, sell the other: Goldman's verdict on these 2 ASX 200 mining shares

The broker sees significant valuation differences between these 2 major ASX 200 mining shares.

Read more »

Broker written in white with a man drawing a yellow underline.
Broker Notes

Brokers name 3 ASX shares to buy now

Here's why brokers are feeling bullish about these three shares this week.

Read more »

a man weraing a suit sits nervously at his laptop computer biting into his clenched hand with nerves, and perhaps fear.
Share Fallers

Why BHP, Lynas, Metals X, and Super Retail shares are dropping today

These shares are ending the week in the red.

Read more »