Here are the top 10 ASX 200 shares today

Investors suffered another red day this Wednesday.

Top ten gold trophy.

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Key points

  • The ASX 200 Index experienced a decline of 0.25% on Wednesday, closing at 8,447.9 points, following negative trends from Wall Street.
  • Among the ASX sectors, financials, utilities, and tech stocks saw notable declines, while gold and energy shares emerged as the top gainers.
  • Investment manager GQG led the top 10 ASX 200 stocks, surging 9.06%, with other significant performers including Lynas and Westgold Resources.

It was another red day for the S&P/ASX 200 Index (ASX: XJO) this Wednesday, albeit nowhere near as punishing as yesterday's clanger. By the time trading wrapped up this session, the ASX 200 had drifted another 0.25% lower. That leaves the index at 8,447.9 points.

This disappointing hump day for the local markets follows a far more negative morning over on Wall Street.

The Dow Jones Industrial Average Index (DJX: .DJI) again found itself in a tailspin, shedding another 1.07%.

It was slightly worse again for the tech-heavy Nasdaq Composite Index (NASDAQ: .IXIC), which dropped 1.21%.

But let's return to ASX shares now and take a deeper look at what was happening amongst the various ASX sectors this Wednesday.

Winners and losers

Despite the broader market's fall, there were still a few sectors that powered ahead today. But more on those in a moment.

Firstly, it was financial shares that suffered the most. The S&P/ASX 200 Financials Index (ASX: XFJ) had cratered by another 1.19% by the closing bell.

Utilities stocks were not popular either, with the S&P/ASX 200 Utilities Index (ASX: XUJ) diving 0.52%.

Tech shares endured another rough day as well. The S&P/ASX 200 Information Technology Index (ASX: XIJ) shrank by 0.5% this session.

Industrial stocks didn't hold up, illustrated by the S&P/ASX 200 Industrials Index (ASX: XNJ)'s 0.37% dip.

Coming in next were consumer staples shares. The S&P/ASX 200 Consumer Staples Index (ASX: XSJ) couldn't quite hold its value this Wednesday, slumping 0.26%.

We could say the same for communications stocks, with the S&P/ASX 200 Communication Services Index (ASX: XTJ) sliding 0.16% lower.

Healthcare shares were our last losers. The S&P/ASX 200 Healthcare Index (ASX: XHJ) ended up slipping 0.13%.

Let's turn to the winners now. It was gold stocks that rebounded most spectacularly today, as evidenced by the All Ordinaries Gold Index (ASX: XGD)'s 2.34% surge.

Energy shares ran fairly hot, too. The S&P/ASX 200 Energy Index (ASX: XEJ) saw its value soar 0.86% higher.

Mining stocks managed to pull off a win as well, with the S&P/ASX 200 Materials Index (ASX: XMJ) lifting 0.67% this Wednesday.

Real estate investment trusts (REITs) performed identically. The S&P/ASX 200 A-REIT Index (ASX: XPJ) also rose 0.67%.

Finally, consumer discretionary shares managed to stick the landing, as you can see from the S&P/ASX 200 Consumer Discretionary Index (ASX: XDJ) sinking 1.33%.

Top 10 ASX 200 shares countdown

Today's best index stock came in as investment manager GQG Partners Inc (ASX: GQG). GQG stock shot up a healthy 9.06% to finish at $1.63. Investors seem to be continuing to buy this company following an investor presentation on Monday afternoon.

Here's how the other top shares from today pulled up at the kerb:

ASX-listed company Share price Price change
GQG Partners Inc (ASX: GQG) $1.63 9.06%
Lynas Rare Earths Ltd (ASX: LYC) $15.44 5.61%
Westgold Resources Ltd (ASX: WGX) $5.66 4.62%
Catalyst Metals Ltd (ASX: CYL) $7.26 4.46%
Light & Wonder Inc (ASX: LNW) $142.00 4.43%
Greatland Resources Ltd (ASX: GGP) $7.69 3.36%
Bellevue Gold Ltd (ASX: BGL) $1.23 2.93%
Genesis Minerals Ltd (ASX: GMD) $6.35 2.92%
Sonic Healthcare Ltd (ASX: SHL) $21.49 2.87%
Northern Star Resources Ltd (ASX: NST) $25.59 2.85%

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 Light & Wonder Inc. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has recommended Lynas Rare Earths Ltd. The Motley Fool Australia has recommended Gqg Partners, Light & Wonder Inc, and Sonic Healthcare. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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