Here are the top 10 ASX 200 shares today

It was a disappointing hump day for investors today.

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

Key points
  • ASX Dips Slightly Amid Mixed Sector Performance: The ASX 200 Index slipped 0.035% to 8,845.7 points, with sectors experiencing varied outcomes on the day.
  • Industrial and Utilities Sectors Lead Gains: Industrial stocks surged 0.99%, and utilities rose 0.79% amidst a challenging trading environment.
  • DroneShield Tops ASX Performers: Defence stock DroneShield soared 13.18%, influenced by European developments, leading the top 10 ASX gainers.

It was another bumpy session for ASX shares and the S&P/ASX 200 Index (ASX: XJO) this Wednesday.

After narrowly missing out on a rise yesterday, investors were in for a similar experience today, with the ASX 200 slipping 0.035% lower by the end of the session. That leaves the index at 8,845.7 points.

This miserly hump day session for the Australian stock market follows a more optimistic Tuesday for the American markets overnight.

The Dow Jones Industrial Average Index (DJX: .DJI) did have a few dips of its own, but ended up closing 0.18% higher.

The tech-heavy Nasdaq Composite Index (NASDAQ: .IXIC) was more decisive, gaining 0.3%.

But let's return to the local markets now and take stock of how the various ASX sectors coped with today's difficult trading conditions.

A panel of four judges hold up cards all showing the perfect score of ten out of ten

Image source: Getty Images

Winners and losers

Despite the market's overall losses today, there were far more sectors that went up than down.

But firstly, it was consumer discretionary shares that copped the worst of the selling. The S&P/ASX 200 Consumer Discretionary Index (ASX: XDJ) had a tough day, sinking by 0.83%.

Mining stocks were pulled back in too, with the S&P/ASX 200 Materials Index (ASX: XMJ) diving 0.72% lower.

Investors had a similar sentiment for energy shares. The S&P/ASX 200 Energy Index (ASX: XEJ) saw 0.43% shaved from its value today.

Believe it or not, that's it for the red sectors.

Industrial stocks were the best performers overall, illustrated by the S&P/ASX 200 Industrials Index (ASX: XNJ)'s 0.99% surge.

Utilities shares ran hot, too. The S&P/ASX 200 Utilities Index (ASX: XUJ) soared 0.79% higher this session.

Gold stocks also saw some demand, with the All Ordinaries Gold Index (ASX: XGD) galloping 0.58% higher.

Communications shares were right behind that. The S&P/ASX 200 Communication Services Index (ASX: XTJ) lifted 0.49% this hump day.

Healthcare stocks were at the ASX party as well, evidenced by the S&P/ASX 200 Healthcare Index (ASX: XHJ)'s 0.34% uptick.

Real estate investment trusts (REITs) fared identically. The S&P/ASX 200 A-REIT Index (ASX: XPJ) also rose 0.34%.

Tech shares also joined the party, with the S&P/ASX 200 Information Technology Index (ASX: XIJ) vaulting up 0.26%.

Financial stocks scraped home with a rise. The S&P/ASX 200 Financials Index (ASX: XFJ) got a 0.09% bump this Wednesday.

Finally, consumer staples shares only just got out with an improvement, as you can see by the S&P/ASX 200 Consumer Staples Index (ASX: XSJ)'s 0.01% inch higher.

Top 10 ASX 200 shares countdown

This first day of October saw defence stock DroneShield Ltd (ASX: DRO) take out the top spot. DroneShield shares rocketed a huge 13.18% today to close at $5.74 each.

This stupendous rise came amid some noise about a new European 'drone wall', which may have boosted sentiment.

Here's how the rest of today's best landed their planes:

ASX-listed company Share price Price change
DroneShield Ltd (ASX: DRO) $5.74 23.18%
Westgold Resources Ltd (ASX: WGX) $4.96 10.71%
Austal Ltd (ASX: ASB) $8.19 5.81%
Washington H. Soul Pattinson & Company Ltd (ASX: SOL) $40.57 5.40%
A2 Milk Company Ltd (ASX: A2M) $9.08 5.21%
Dyno Nobel Ltd (ASX: DNL) $3.25 4.84%
Superloop Ltd (ASX: SLC) $3.55 4.41%
Telix Pharmaceuticals Ltd (ASX: TLX) $15.20 4.32%
Perenti Ltd (ASX: PRN) $2.93 4.27%
AGL Energy Ltd (ASX: AGL) $9.22 4.18%

Our top 10 shares countdown is a recurring end-of-day summary that shows which companies made 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 Washington H. Soul Pattinson and Company Limited. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended DroneShield, Telix Pharmaceuticals, and Washington H. Soul Pattinson and Company Limited. The Motley Fool Australia has positions in and has recommended Washington H. Soul Pattinson and Company Limited. The Motley Fool Australia has recommended Telix Pharmaceuticals. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

More on Share Gainers

A girl sits on her bed in her room while using laptop and listening to headphones.
Share Gainers

Here are the top 10 ASX 200 shares today

It was a disappointing session for the markets this Thursday.

Read more »

Smiling couple looking at a phone at a bargain opportunity.
Share Gainers

Why Catapult, DroneShield, Infratil, and Qoria shares are charging higher today

These shares are having a good session on Thursday. But why?

Read more »

A group of happy young people watching sport on a laptop celebrate.
Share Gainers

Here are the top 10 ASX 200 shares today

It was an exceptional session for investors today.

Read more »

Excited couple celebrating success while looking at smartphone.
Share Gainers

Why 4DMedical, Brazilian Rare Earths, Clarity, and Tuas shares are racing higher today

These shares are having a better day than most on hump day.

Read more »

Woman with an amazed expression has her hands and arms out with a laptop in front of her.
Share Gainers

Why BHP, EchoIQ, Life360, and Qantas shares are racing higher today

These shares are having a solid session on Tuesday. But why?

Read more »

A neon sign says 'Top Ten'.
Share Gainers

Here are the top 10 ASX 200 shares today

Investors had a rough start to the week.

Read more »

Three people with gold streamers celebrate good news.
Gold

Guess which ASX gold stock is leaping 22% in Monday's sinking market?

Investors are piling into this junior ASX gold stock on Monday. But why?

Read more »

Winning woman smiles and holds big cup while losing woman looks unhappy with small cup.
Share Gainers

Here are the top 10 ASX 200 shares today

It was a rough end to a tough week.

Read more »