Here are the top 10 ASX 200 shares today

Wednesday was another red one for the ASX.

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
  • The ASX 200 Index closed 0.13% lower following a volatile day, continuing a downward trend influenced by an overnight slump on Wall Street.
  • Tech and real estate investment trusts led declines among sectors, while communication services and utilities managed modest gains.
  • Fletcher Building topped the gainers list with a 2.41% rise, as the top 10 ASX 200 shares showed varied performance across different sectors.

It was another sad day for the S&P/ASX 200 Index (ASX: XJO) and many ASX shares this hump day, as investors doubled down on the selling after yesterday's slump.

Although the ASX 200 did rebound following a nasty midday dip, the index still closed 0.13% lower at a flat 8,802 points.

This sobering midweek session follows a nasty night up on Wall Street.

The Dow Jones Industrial Average Index (DJX: .DJI) was sold off, dropping 0.53%.

The tech-heavy Nasdaq Composite Index (NASDAQ: .IXIC) was hit far harder, copping a 2.04% belting.

But let's return to the local markets now and see how today's negativity filtered down into the various ASX sectors.

A young boy in a grey zip-up jumper has a tin can connected to a string pressed to his ear.

Image source: Getty Images

Winners and losers

Despite the market's drop, there were still a few sectors that picked up some buyers. But first, to the red sectors.

The sellers were targeting tech shares this Wednesday. The S&P/ASX 200 Information Technology Index (ASX: XIJ) crashed 2.67% lower.

Real estate investment trusts (REITs) had another tough one as well, with the S&P/ASX 200 A-REIT Index (ASX: XPJ) tumbling 1.2%.

Mining stocks weren't much better. The S&P/ASX 200 Materials Index (ASX: XMJ) copped a 1.06% swing against it.

Gold shares weren't riding to the rescue, illustrated by the All Ordinaries Gold Index (ASX: XGD)'s 1.05% dive.

Energy stocks fared a little better though. The S&P/ASX 200 Energy Index (ASX: XEJ) 'only' slid down 0.17%.

Consumer discretionary shares fared similarly, with the S&P/ASX 200 Consumer Discretionary Index (ASX: XDJ) sliding down 0.13%.

Healthcare stocks were our last losers. The S&P/ASX 200 Healthcare Index (ASX: XHJ) slipped by 0.09%.

Turning to the winners now, it was communications shares that led the charge, as you can see from the S&P/ASX 200 Communication Services Index (ASX: XTJ)'s 0.7% surge.

Utilities stocks reversed some of yesterday's slide, too. The S&P/ASX 200 Utilities Index (ASX: XUJ) lifted 0.64%.

Financial shares saved some face as well, with the S&P/ASX 200 Financials Index (ASX: XFJ) jumping 0.59%.

Consumer staples stocks were also a safe haven. The S&P/ASX 200 Consumer Staples Index (ASX: XSJ) bounced up 0.36%.

Industrial shares were our final winners, evident from the S&P/ASX 200 Industrials Index (ASX: XNJ)'s 0.26% bump.

Top 10 ASX 200 shares countdown

The share coming out on top of the index charts this hump day turned out to be Fletcher Building Ltd (ASX: FBU). Fletcher stock shot up by a respectable 2.41% to $2.97 a share.

That comes despite no fresh news or announcements out of the company.

Here's how the other winners landed their planes:

ASX-listed company Share price Price change
Fletcher Building Ltd (ASX: FBU) $2.97 2.41%
Lovisa Holdings Ltd (ASX: LOV) $37.09 2.23%
Brambles Ltd (ASX: BXB) $23.92 2.18%
National Australia Bank Ltd (ASX: NAB) $44.53 1.69%
Breville Group Ltd (ASX: BRG) $29.43 1.62%
ASX Ltd (ASX: ASX) $57.29 1.61%
Fisher & Paykel Healthcare Corporation Ltd (ASX: FPH) $32.70 1.58%
Cochlear Ltd (ASX: COH) $284.82 1.47%
Telstra Group Ltd (ASX: TLS) $4.91 1.45%
Commonwealth Bank of Australia (ASX: CBA) $176.35 1.29%

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 National Australia Bank. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended Cochlear and Lovisa. The Motley Fool Australia has positions in and has recommended Telstra Group. The Motley Fool Australia has recommended Cochlear and Lovisa. 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 »