Here are the top 10 ASX 200 shares today

It was an absolutely horrid Tuesday for investors.

white arrow dropping down representing the 10 most shorted shares on the ASX

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

Key points

  • The ASX 200 Index suffered a significant decline, dropping 1.94% to its lowest level since June. 
  • Consumer staples and healthcare sectors were the least affected, experiencing minor declines of 0.20% and 0.52%, respectively, while tech shares took the biggest hit, crashing by 5.99%.
  • James Hardie Industries stood out as a major positive performer, surging 9.87% following a favourable quarterly update.

Well, the mild positivity that kicked off the trading week yesterday certainly didn't last until this Tuesday. The S&P/ASX 200 Index (ASX: XJO) suffered one of its worst trading days of the year this session, with investors selling down stocks with a vengeance.

By the time trading wrapped up, a full 1.94% had been knocked off the ASX 200. That leaves the index at 8,469.1 points, its lowest level since June.

This traumatic Tuesday for the ASX comes after a nasty start to the American trading week up on Wall Street this morning.

The Dow Jones Industrial Average Index (DJX: .DJI) had a rough day, dropping 1.18%.

The tech-heavy Nasdaq Composite Index (NASDAQ: .IXIC) was a little better, 'only' falling 0.84%.

But let's grit our teeth and get back to the local markets now, for a post-mortem of the performances of the different ASX sectors.

Winners and losers

We didn't have one sector that escaped today's carnage.

The best place to have had money in though, was consumer staples stocks. The S&P/ASX 200 Consumer Staples Index (ASX: XSJ) rose out of the storm relatively well, only slipping 0.20% lower.

Healthcare shares were also spared the worst of it, with the S&P/ASX 200 Healthcare Index (ASX: XHJ) sliding 0.52%.

Investors stepped up the selling of utilities shares, though. The S&P/ASX 200 Utilities Index (ASX: XUJ) took a 0.74% dip this session.

Industrial stocks weren't any better. The S&P/ASX 200 Industrials Index (ASX: XNJ) took a 1.29% dive today.

Nor were consumer discretionary shares, with the S&P/ASX 200 Consumer Discretionary Index (ASX: XDJ) sinking 1.33%.

Real estate investment trusts (REITs) were also down triple-digits, as you can see by the S&P/ASX 200 A-REIT Index (ASX: XPJ)'s 1.37% downgrade.

Communications stocks were in a similar ballpark. The S&P/ASX 200 Communication Services Index (ASX: XTJ) was sent home with a 1.4% chip this Tuesday.

Things started getting nasty for energy shares, though, evidenced by the S&P/ASX 200 Energy Index (ASX: XEJ)'s 1.78% tumble.

Financial stocks were offloaded. The S&P/ASX 200 Financials Index (ASX: XFJ) tanked 1.9% by the closing bell.

As were mining shares, with the S&P/ASX 200 Materials Index (ASX: XMJ) cratering by 3%.

Gold stocks were torched by investors. The All Ordinaries Gold Index (ASX: XGD) plunged down a horrid 4.62%.

But the worst place to be invested in this session was in tech shares, illustrated by the S&P/ASX 200 Information Technology Index (ASX: XIJ)'s devastating 5.99% crash.

Top 10 ASX 200 shares countdown

Building materials stock James Hardie Industries plc (ASX: JHX) was our lucky winner on this brutal day for the markets. James Hardie managed to buck the trend well, shooting 9.87% higher to close at $27.94 a share.

This impressive jump followed the company's latest quarterly update, which clearly gave investors a safe haven to hide out in.

Here's how the other top stocks tied up at the dock:

ASX-listed company Share price Price change
James Hardie Industries plc (ASX: JHX) $27.94 9.87%
GQG Partners Inc (ASX: GQG) $1.49 3.47%
Pilbara Minerals Ltd (ASX: PLS) $4.09 3.28%
Liontown Resources Ltd (ASX: LTR) $1.49 2.05%
A2 Milk Company Ltd (ASX: A2M) $9.44 1.72%
Graincorp Ltd (ASX: GNC) $8.22 1.48%
Tabcorp Holdings Ltd (ASX: TAH)
$0.925 1.09%
Dalrymple Bay Infrastructure Ltd (ASX: DBI) $4.33 0.93%
ResMed Inc (ASX: RMD) $37.82 0.72%
Stockland Corporation Ltd (ASX: SGP) $6.21 0.65%

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 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 ResMed. The Motley Fool Australia has positions in and has recommended ResMed. The Motley Fool Australia has recommended Gqg Partners. 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 man cheers after winning computer game while woman sitting next to him looks upset.
Share Gainers

Here are the top 10 ASX 200 shares today

It was a happy end to the trading week today.

Read more »

Emotional euphoric young woman giving high five to male partner, celebrating family achievement, getting bank loan approval, or financial or investing success.
Share Gainers

Why Life360, Northern Star, Objective Corp, and Rox shares are charging higher today

These shares are having a strong finish to the week. But why?

Read more »

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

Here are the top 10 ASX 200 shares today

The ASX just snapped a three-day losing streak.

Read more »

A young man talks tech on his phone while looking at a laptop. A financial graph is superimposed across the image.
Share Gainers

Why Cogstate, DroneShield, Premier Investments, and South32 shares are storming higher

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

Read more »

three men stand on a winner's podium with medals around their necks with their hands raised in triumph.
Share Gainers

Here are the top 10 ASX 200 shares today

It was another red day on the markets this Wednesday.

Read more »

Multiracial happy young people stacking hands outside - University students hugging in college campus - Youth community concept with guys and girls standing together supporting each other.
Share Gainers

Why 4DMedical and these ASX shares are up 200%+ in just a year

These shares have made their shareholders wealthy over the past year.

Read more »

Three happy office workers cheer as they read about good financial news on a laptop.
Share Gainers

Why Evolution Mining, Lynas Rare Earths, Paladin Energy, and Sovereign Metals shares are racing higher today

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

Read more »

A young well-dressed couple at a luxury resort celebrate successful life choices.
Share Gainers

Here are the top 10 ASX 200 shares today

Investors kept up the selling this session.

Read more »