Although the ASX 200 did briefly dip into negative territory at one point this session, it ended up closing a comfortable 0.44% higher. That leaves the index at 8,845.7 points.

This happy start to the trading week for the Australian markets came after a far more negative conclusion to the American trading week on Saturday morning (our time).

The Dow Jones Industrial Average Index (DJX: .DJI) had a rough time, falling 0.34%.

The tech-heavy Nasdaq Composite Index (NASDAQ: .IXIC) was much worse though, dropping 2.14%.

Let's get back to this week and our local markets now and take a closer look at what the various ASX sectors were up to today.

Winners and losers

Despite today's broader market optimism, there were still a few sectors that were left out.

Leading those losers were tech stocks. The S&P/ASX 200 Information Technology Index (ASX: XIJ) was left out in the cold, tumbling 1.31%.

Gold shares were no safe haven either, with the All Ordinaries Gold Index (ASX: XGD) diving 0.68%.

Consumer discretionary stocks were also unlucky. The S&P/ASX 200 Consumer Discretionary Index (ASX: XDJ) saw its value cut by 0.2%.

Real estate investment trusts (REITs) were also in that ballpark, as evidenced by the S&P/ASX 200 A-REIT Index (ASX: XPJ)'s 0.19% dip.

Our final losers this Monday were consumer staples shares. The S&P/ASX 200 Consumer Staples Index (ASX: XSJ) slid 0.08% lower.

Let's turn to the winners now. Leading said winners were energy stocks, with the S&P/ASX 200 Energy Index (ASX: XEJ) galloping 2.21% higher.

Financial shares also ran hot. The S&P/ASX 200 Financials Index (ASX: XFJ) surged by 0.86% today.

Industrial stocks followed financials, illustrated by the S&P/ASX 200 Industrials Index (ASX: XNJ)'s 0.83% jump.

Utilities shares did decently too. The S&P/ASX 200 Utilities Index (ASX: XUJ) closed up 0.38%.

Communications stocks didn't miss out, with the S&P/ASX 200 Communication Services Index (ASX: XTJ) lifting 0.21%.

Healthcare shares managed a rise. The S&P/ASX 200 Healthcare Index (ASX: XHJ) finished the day with an extra 0.14%.

Finally, mining stocks just got over the line, as you can see by the S&P/ASX 200 Materials Index (ASX: XMJ)'s 0.11% bump.

Top 10 ASX 200 shares countdown

Taking out the crown this Monday was waste management stock Cleanaway Waste Management Ltd (ASX: CWY). Cleanaway shares rocketed up 10.24% today to close at $2.97 each.

This followed the news that the company has entered into a takeover scheme with EQT Infrastructure.

Here's the rest of today's best:

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.

The post Here are the top 10 ASX 200 shares today appeared first on The Motley Fool Australia.

By the time trading wrapped up, the index had fallen 0.64% and finished at 8,727.9 points.

This unhappy hump day for the local markets followed a similarly downbeat session over on Wall Street.

The Dow Jones Industrial Average Index (DJX: .DJI) couldn't quite hold on to an early lead, losing 0.35%.

The tech-heavy Nasdaq Composite Index (NASDAQ: .IXIC) was a little better, but still lost 0.15%.

But let's return to ASX shares now and check out how the different ASX sectors handled today's tough trading conditions.

Winners and losers

There were only a handful of sectors that managed to make hay today.

But first, let's get through the red corners of the market.

Leading the losers were gold shares. The All Ordinaries Gold Index (ASX: XGD) had a shocker, crashing 1.93% lower.

Financial stocks weren't much chop either, with the S&P/ASX 200 Financials Index (ASX: XFJ) plunging 1.41%.

Mining shares also had a day to forget. The S&P/ASX 200 Materials Index (ASX: XMJ) took a 0.88% dive this session.

Industrial stocks couldn't escape the storm, evident from the S&P/ASX 200 Industrials Index (ASX: XNJ)'s 0.71% slump.

Nor could consumer staples shares. The S&P/ASX 200 Consumer Staples Index (ASX: XSJ) drifted 0.31% lower today.

Utilities stocks couldn't hold their ground, with the S&P/ASX 200 Utilities Index (ASX: XUJ) sliding 0.06% lower.

Our last losers this Wednesday were consumer discretionary shares. The S&P/ASX 200 Consumer Discretionary Index (ASX: XDJ) slipped by 0.04%.

Let's turn to the winners now. Leading the charge were real estate investment trusts (REITs), illustrated by the S&P/ASX 200 A-REIT Index (ASX: XPJ)'s 1% jump.

Communications stocks were also spared. The S&P/ASX 200 Communication Services Index (ASX: XTJ) had lifted 0.85% by the closing bell.

Energy shares were another bulwark against the broader market, with the S&P/ASX 200 Energy Index (ASX: XEJ) climbing 0.8%.

Tech stocks fared decently as well. The S&P/ASX 200 Information Technology Index (ASX: XIJ) enjoyed a 0.35% bump this hump day.

Finally, healthcare shares managed to finish over the line, as you can see from the S&P/ASX 200 Healthcare Index (ASX: XHJ)'s 0.02% uptick.

Top 10 ASX 200 shares countdown

Our winner this Wednesday was shipbuilding stock Austal Ltd (ASX: ASB). Austal shares rocketed up 10.13% to close at $4.13 each today.

This big gain came after the company revealed another development in its long-running takeover saga.

Here's how the other winners pulled up at the kerb:

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.

The post Here are the top 10 ASX 200 shares today appeared first on The Motley Fool Australia.

This tough Thursday for ASX investors follows a similarly downbeat morning over on Wall Street.

The Dow Jones Industrial Average Index (DJX: .DJI) was hit hard, dropping 0.66%.

The tech-heavy Nasdaq Composite Index (NASDAQ: .IXIC) was a little tamer, but still fell 0.22%.

But let's get back to the local markets now and dive a little deeper into what was happening amongst the different ASX sectors this Thursday.

Winners and losers

Despite the broader market's losses, we still saw a few sectors make hay.

But first, it was mining stocks that were hit the hardest. The S&P/ASX 200 Materials Index (ASX: XMJ) was smashed, tanking 2.03%.

Gold shares found themselves in a similar vein, with the All Ordinaries Gold Index (ASX: XGD) crashing 1.38%.

Financial stocks had a day to forget, too. The S&P/ASX 200 Financials Index (ASX: XFJ) sank 0.99% today.

Industrial shares were in the same ballpark, as you can see by the S&P/ASX 200 Industrials Index (ASX: XNJ)'s 0.92% dive.

Tech stocks also found themselves on the nose. The S&P/ASX 200 Information Technology Index (ASX: XIJ) took a 0.77% hit this session.

Healthcare shares were our last losers today, with the S&P/ASX 200 Healthcare Index (ASX: XHJ) dipping 0.12%.

Turning to the winners now, these were spearheaded by consumer staples stocks. The S&P/ASX 200 Consumer Staples Index (ASX: XSJ) soared up 1.42% this Thursday.

Energy stocks ran hot too, evident by the S&P/ASX 200 Energy Index (ASX: XEJ)'s 1.36% surge.

Utilities shares were also in demand. The S&P/ASX 200 Utilities Index (ASX: XUJ) added 1.34% to its total today.

Communications stocks didn't miss out, with the S&P/ASX 200 Communication Services Index (ASX: XTJ) lifting 0.89%.

Nor did consumer discretionary shares. The S&P/ASX 200 Consumer Discretionary Index (ASX: XDJ) advanced 0.31%.

Finally, real estate investment trusts (REITs) got over the line, illustrated by the S&P/ASX 200 A-REIT Index (ASX: XPJ)'s 0.17% jump.

Top 10 ASX 200 shares countdown

Taking out the top index spot this Thursday was the stock market operator itself. ASX Ltd (ASX: ASX) shares had a blowout (relatively speaking) today, rising 3.84% to finish trading at $60.59 each.

There wasn't any news out today that explains this leap higher, though.

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

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.

The post Here are the top 10 ASX 200 shares today appeared first on The Motley Fool Australia.

This jubilant Wednesday for the Australian markets followed a far less rosy night over on the American bourse.

The Dow Jones Industrial Average Index (DJX: .DJI) sold down again, losing 0.26% of its value.

The tech-heavy Nasdaq Composite Index (NASDAQ: .IXIC) did a little better, but still lost 0.085%.

Let's return to the local markets now and take a closer look at what was happening amongst the different ASX sectors this session.

Winners and losers

There was only one sector that was left behind in the stampede to higher ground.

That unfortunate sector was tech stocks. The S&P/ASX 200 Information Technology Index (ASX: XIJ) was left out in the cold, diving 0.41%.

It was much more exciting everywhere else.

Leading the charge higher this Wednesday were real estate investment trusts (REITs), with the S&P/ASX 200 A-REIT Index (ASX: XPJ) rocketing 3.6%.

Consumer discretionary shares were on fire, too. The S&P/ASX 200 Consumer Discretionary Index (ASX: XDJ) soared up 2.27%.

Communications shares ran hot as well, as you can see by the S&P/ASX 200 Communication Services Index (ASX: XTJ)'s 1.93% surge.

Industrial stocks also saw decent demand. The S&P/ASX 200 Industrials Index (ASX: XNJ) galloped 1.65% higher.

Energy shares didn't miss out, with the S&P/ASX 200 Energy Index (ASX: XEJ) vaulting up 1.56%.

We could say the same for gold stocks. The All Ordinaries Gold Index (ASX: XGD) jumped 1.35% this session.

Healthcare shares were a little less enthusiastic, though, evidenced by the S&P/ASX 200 Healthcare Index (ASX: XHJ)'s 0.71% leap higher.

Mining stocks followed healthcare. The S&P/ASX 200 Materials Index (ASX: XMJ) saw its value get a 0.67% bump today.

Consumer staples shares came back from an early retreat, with the S&P/ASX 200 Consumer Staples Index (ASX: XSJ) adding 0.57% to its total.

Utilities stocks fared decently as well. The S&P/ASX 200 Utilities Index (ASX: XUJ) enjoyed a 0.48% lift.

Finally, financial shares managed to stay on the right side of the ledger, illustrated by the S&P/ASX 200 Financials Index (ASX: XFJ)'s 0.27% dip.

Top 10 ASX 200 shares countdown

Today's index winner was REIT LendLease Group (ASX: LLC). LendLease units roared 11.3% higher this Wednesday to close at $2.66. There wasn't any price-sensitive news out of the REIT today, although most of its peers did very well.

Here's how the other high-flyers landed their planes:

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.

The post Here are the top 10 ASX 200 shares today appeared first on The Motley Fool Australia.

The oil and gas producer's shares are currently down 12.04% to $1.57, after finishing Friday's session at $1.785.

It's another frustrating development for shareholders, particularly after the stock had started to recover some ground over the past month.

So, what's happened this time?

Why are Karoon shares crashing 12%?

In its announcement, Karoon revealed another operational setback at its Bauna oil project offshore Brazil.

The company identified an electrical fault at its SPS-92 well on 21 September, shutting down production the following day to investigate.

It turns out that one of the three electrical phases supplying power to the well's downhole pump was faulty.

Production has since resumed using the remaining two phases, although the pump is operating at reduced capacity.

Unfortunately, getting the well back to full production won't be a quick fix.

Karoon will need a drilling rig to replace the faulty cable system and is already working to secure the necessary permits and services.

Until then, it's expecting to lose around 3,500 barrels of oil per day.

And with production taking another hit, Karoon has had to lower its expectations for the year.

The company now expects Bauna to produce between 5.4 million and 5.7 million barrels in 2026, down from 6 million to 6.7 million barrels previously.

Who Dat guidance remains unchanged. Karoon now expects total production of 6.6 to 7.2 million barrels of oil equivalent in 2026.

That's compared with its previous forecast of 7.2 to 8.2 million barrels.

Unit production costs are also expected to increase from US$12 to US$15 to US$15 to US$16 per barrel.

What about the financial impact?

The good news is that Karoon is expecting its insurance to cover much of the financial damage.

The company anticipates to recover almost all lost production revenue and repair costs, subject to the terms of its insurance policies.

However, the cause of the failure remains under investigation. This means it's still unclear when any insurance payments will be received.

CEO Carri Lockhart said the fault was disappointing, particularly as the new pump and cable system has been operating for less than 3 months.

Management is now focused on restoring SPS-92 to full production while also looking to increase production from Bauna's other wells.

Foolish takeaway

I think today's announcement adds to Karoon's challenges, especially with the company already dealing with production issues at Who Dat.

The question now is how long it will take to complete the repairs and get production back on track.

I'll be watching next month's quarterly update for details on when Karoon expects to restore full production.

The post This ASX energy stock just crashed 12%. Here's what's gone wrong appeared first on The Motley Fool Australia.

This sad end to the local trading week for ASX investors comes after a more nuanced night of trading on Wall Street.

The Dow Jones Industrial Average Index (DJX: .DJI) was in a bad mood, losing 0.31% of its value.

However, the tech-heavy Nasdaq Composite Index (NASDAQ: .IXIC) managed to hold its own, rising a slight 0.012%.

Let's get back to ASX shares now and take a closer look at how the various ASX sectors traversed today's tough trading conditions.

Winners and losers

There were only a couple of sectors that held their value this Friday. But first, let's get to the far more numerous red sectors.

Leading said losers this session were tech shares. The S&P/ASX 200 Information Technology Index (ASX: XIJ) had a rough one, tanking by 1.66%.

Consumer discretionary stocks were in the firing line today too, with the S&P/ASX 200 Consumer Discretionary Index (ASX: XDJ) plunging 1.36%.

Joining them were utilities shares. The S&P/ASX 200 Utilities Index (ASX: XUJ) cratered 1.25% today.

Industrial stocks were also on the nose, as you can see from the S&P/ASX 200 Industrials Index (ASX: XNJ)'s 0.87% dive.

Mining shares had a day to forget as well. The S&P/ASX 200 Materials Index (ASX: XMJ) suffered a 0.84% swing against it this Friday.

Healthcare stocks didn't live up to their name this session, with the S&P/ASX 200 Healthcare Index (ASX: XHJ) shedding 0.79% of its total.

Communications shares matched that result. The S&P/ASX 200 Communication Services Index (ASX: XTJ) gave up 0.79% as well.

Gold stocks were no safe haven, evidenced by the All Ordinaries Gold Index (ASX: XGD)'s 0.48% tumble.

Real estate investment trusts (REITs) weren't much better. The S&P/ASX 200 A-REIT Index (ASX: XPJ) ended the day down 0.33%.

Even energy shares weren't spared, with the S&P/ASX 200 Energy Index (ASX: XEJ) dipping 0.3%.

That's it for the red sectors, though, so let's get to the good stuff.

Leading the winners this Friday were consumer staples stocks. The S&P/ASX 200 Consumer Staples Index (ASX: XSJ) was a harbour in the storm, shooting 0.73% higher.

Finally, the other sheltered corner of the market was financial shares, illustrated by the S&P/ASX 200 Financials Index (ASX: XFJ)'s 0.27% jump.

Top 10 ASX 200 shares countdown

Defence stock Electro Optic Systems Holdings Ltd (ASX: EOS) took out this Friday's top index spot. Electro Optic Systems shares surged 5.99% higher today to finish the week at $11.32 each.

This big leap came after the company announced a new procurement for one of its weapons systems.

Here's the rest of today's best:

Enjoy the weekend!

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.

The post Here are the top 10 ASX 200 shares today appeared first on The Motley Fool Australia.

The S&P/ASX 200 Index (ASX: XJO) dropped 2.94% and closed at a 10-week low of 8,741.2 points.

Nine of the 11 market sectors fell into the red.

Let's review.

Brent crude oil price jumps 12%

Brent crude, the international benchmark oil price, jumped 12% last week to above US$108 per barrel on Friday.

West Texas Intermediate crude oil also leapt 12% to above US$103 per barrel.

US heating oil rose 12% and gasoline increased 5%.

The UK gas price jumped 15%, German gas rose 14%, and European gas increased 13%.

This occurred as the Iran-backed Houthis sought to take control of Saudi Arabia's alternative oil export route.

The Strait of Hormuz, through which about 20% of the world's oil and gas is shipped, has been effectively shut down since March.

Saudi Arabia, the world's largest oil exporter and a US ally, has been exporting via the Red Sea and Strait of Bab el-Mandeb instead.

The Red Sea and the strait run alongside Yemen, where the Houthis are based.

The rebels seized a Yemeni port city called Mocha, and are now advancing toward other cities closer to Bab el-Mandeb.

While all this was happening, Iran and the US continued to exchange fire with no hope of a peace deal in sight.

The US-Iran conflict has helped push up inflation in Australia, the US, and other nations.

Last week's oil price spike raised the chances of an interest rate rise in Australia and the US this month.

Traders rate the likelihood of a rate rise in both countries in September at 70%.

The US stock market also slumped last week, and American bond yields hit multi-year highs.

Australia's 3-year government bond yield rose above 5% on Friday, the highest level in 15 years.

These were among the factors contributing to the ASX 200's slump last week.

Energy shares led amid broader market downturn

The Woodside Energy Group Ltd (ASX: WDS) share price gained 3.24% to close at $32.86 on Friday.

The Santos Ltd (ASX: STO) share price ascended 4.63% to $8.59.

Ampol Ltd (ASX: ALD) shares edged 1.38% higher to $41.21.

The Viva Energy Group Ltd (ASX: VEA) share price jumped 4.83% to $3.04.

Karoon Energy Ltd (ASX: KAR) shares ripped 5.17% to close the week at $1.83.

Beach Energy Ltd (ASX: BPT) shares rose 2.33% to 88 cents apiece.

The Whitehaven Coal Ltd (ASX: WHC) share price increased 2.5% to $8.60.

Whitehaven shares were one of 9 ASX stocks upgraded by experts last week.

The New Hope Corporation Ltd (ASX: NHC) share price gained 3.77% to $6.33.

Uranium miner Paladin Energy Ltd (ASX: PDN) tumbled 12.14% to $10.28 per share.

The Boss Energy Ltd (ASX: BOE) share price fell 3% to $1.46.

ASX 200 market sector snapshot

Here's how the 11 market sectors stacked up last week, according to CommSec data.

Over the five trading days:

Next week 33 ASX shares are set to trade ex-dividend.

The post Energy shares rose while the ASX 200 slumped last week. Here's why appeared first on The Motley Fool Australia.

Thankfully, sentiment improved slightly in the afternoon. But even so, the index ended up closing with a 1.03% loss at 8,819.4 points.

This depressing Thursday for the ASX followed a similarly bearish night over on Wall Street.

The Dow Jones Industrial Average Index (DJX: .DJI) was again in a foul mood, dropping another 0.77%

The tech-heavy Nasdaq Composite Index (NASDAQ: .IXIC) wasn't much better, losing 0.64%.

But let's grit our teeth and return to the local markets now for a post-mortem of how the different ASX sectors went this session.

Winners and losers

It was a sea of red on the ASX boards today, with not one corner of the market escaping unscathed.

The least-worst place to be was in communications shares. The S&P/ASX 200 Communication Services Index (ASX: XTJ) got out relatively intact, only slipping 0.13% lower.

We can say something similar for utilities stocks, with the S&P/ASX 200 Utilities Index (ASX: XUJ) sliding 0.33%.

Gold shares held up relatively well too. The All Ordinaries Gold Index (ASX: XGD) took a 0.48% dip.

Real estate investment trusts (REITs) fared a little worse though, illustrated by the S&P/ASX 200 A-REIT Index (ASX: XPJ)'s 0.6% retreat.

Consumer discretionary stocks were in a similar boat. The S&P/ASX 200 Consumer Discretionary Index (ASX: XDJ) drifted down 0.63% today.

Energy shares came next, with the S&P/ASX 200 Energy Index (ASX: XEJ) receding 0.67%.

Healthcare stocks weren't exempt. The S&P/ASX 200 Healthcare Index (ASX: XHJ) shrank 0.71%.

Consumer staples shares were no safe haven either, as you can see from the S&P/ASX 200 Consumer Staples Index (ASX: XSJ)'s 0.75% reduction.

Financial stocks were hit hard. The S&P/ASX 200 Financials Index (ASX: XFJ) took a 0.9% dive this Thursday.

Industrial shares had a shocker, with the S&P/ASX 200 Industrials Index (ASX: XNJ) cratering by 1.04%.

Mining stocks were smashed too. The S&P/ASX 200 Materials Index (ASX: XMJ) tanked 1.62% today.

Finally, tech shares were the worst place to be, evidenced by the S&P/ASX 200 Information Technology Index (ASX: XIJ)'s 1.74% plunge.

Top 10 ASX 200 shares countdown

Gold stock Ora Banda Mining Ltd (ASX: OBM) came out on top of a fairly anaemic pile of winners this session. Ora Banda shares climbed 4.93% today, finishing the session at $1.60 each. That was despite no news or announcements from the company this Thursday.

Here's how the other winners tied up at the dock:

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.

The post Here are the top 10 ASX 200 shares today appeared first on The Motley Fool Australia.

By the time the closing bell rang, the index had lost a flat 1%, leaving it at 8,920.8 points.

The American markets were closed last night for the Labor Day holiday, so Friday's losses are our last point of reference. Let's see what they do later tonight.

So let's get back to the local markets now and take stock of how the different ASX sectors traversed the tough trading conditions that we saw this Tuesday.

Winners and losers

Despite the broader market's sharp drop, there were a few sectors that escaped with a rise.

But first, it was consumer discretionary stocks that copped the worst of it this Tuesday. The S&P/ASX 200 Consumer Discretionary Index (ASX: XDJ) had an awful time, plunging 1.88%.

Tech shares weren't much better, with the S&P/ASX 200 Information Technology Index (ASX: XIJ) cratering 1.76%.

Financial stocks were also in that ballpark. The S&P/ASX 200 Financials Index (ASX: XFJ) ended up diving 1.63%.

Real estate investment trusts (REITs) weren't popular either, evident by the S&P/ASX 200 A-REIT Index (ASX: XPJ)'s 1.46% slump.

Consumer staples shares were no safe haven. The S&P/ASX 200 Consumer Staples Index (ASX: XSJ) retreated 1.31% this session.

Nor were industrial stocks, with the S&P/ASX 200 Industrials Index (ASX: XNJ) sinking 0.74%.

Communications shares were right behind that. The S&P/ASX 200 Communication Services Index (ASX: XTJ) dipped 0.73% this Tuesday.

Mining stocks couldn't escape the selling, illustrated by the S&P/ASX 200 Materials Index (ASX: XMJ)'s 0.57% slide.

The same can be said for our last losers, gold shares. The All Ordinaries Gold Index (ASX: XGD) ended up slipping 0.22%.

Let's get to the green sectors now. At the front of that line were utilities stocks, with the S&P/ASX 200 Utilities Index (ASX: XUJ) jumping 0.59% today.

Healthcare stocks displayed some strong vitals too. The S&P/ASX 200 Healthcare Index (ASX: XHJ) ended up galloping 0.45% higher.

Finally, energy stocks got over the line, as you can see from the S&P/ASX 200 Energy Index (ASX: XEJ)'s 0.22% improvement.

Top 10 ASX 200 shares countdown

Gold stock Predictive Discovery Ltd (ASX: PDI) was our best index performer this Tuesday. Predictive shares beat out some uninspired competition to close 3.76% higher at $4.69.

Despite this market-bucking gain, there wasn't any fresh news out from the company to explain it.

Here's how the other winners pulled up at the kerb this session:

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.

The post Here are the top 10 ASX 200 shares today appeared first on The Motley Fool Australia.

A group of 12 ASX-listed companies are trading ex-dividend today, which means their share prices will no longer include the value of their latest payout.

That alone is expected to have a decent impact on the broader market.

According to The Australian, the combined ex-dividend moves could shave around 31 points from the ASX 200.

With futures already pointing lower, that could make market open look a little heavier than usual.

Here's the shares investors will want to keep an eye on.

The ex-dividend moves to watch today

There are a few larger payouts sitting near the top of today's list.

Sonic Healthcare Ltd (ASX: SHL) closed Tuesday at $19.64 and is trading ex-dividend for 63 cents per share. The payment is 60% franked and is due on 17 September.

Monadelphous Group Ltd (ASX: MND) is not far behind. Its shares closed at $28.78 before going ex-dividend for a 59-cent fully-franked payout.

Origin Energy Ltd (ASX: ORG) and Seek Ltd (ASX: SEK) also have decent-sized dividends dropping off today.

Origin's 30-cent fully-franked dividend comes off an $11.70 closing share price, while Seek's 25-cent fully-franked payment comes off a $14.32 close.

Furthermore, Newmont Corporation (ASX: NEM) closed at $176.04 and is trading without its 25.95-cent unfranked dividend.

More ASX shares joining the list

There are also several smaller payouts coming off the board as well.

Downer EDI Ltd (ASX: DOW) closed Tuesday at $6.55 and is trading ex-dividend for 16.3 cents per share. Steadfast Group Ltd (ASX: SDF) closed at $5.84 and is going ex-dividend for 12.75 cents.

Medibank Private Ltd (ASX: MPL) is also on the list. The shares closed at $4.81 on Tuesday, with a 10.9-cent dividend going ex today.

Among the miners, Yancoal Australia Ltd (ASX: YAL) is trading ex-dividend for 7 cents per share, and Whitehaven Coal Ltd (ASX: WHC) is doing the same for 6 cents.

PLS Group Ltd (ASX: PLS) is trading ex-dividend for 5 cents, with Karoon Energy Ltd (ASX: KAR) rounding out the group with a 1.2-cent payout.

All of the 7 dividends are fully franked.

Why today's moves could be misleading

Keep in mind, trading ex-dividend does not automatically mean a stock will fall on the day. There's still plenty happening in the broader market that can push shares either way.

Nonetheless, the ASX 200 futures are expected to open at a fall of around 0.9%.

The post Why these ASX shares are worth watching closely today appeared first on The Motley Fool Australia.

What did Karoon Energy report?

• First half FY26 sales revenue of US$244.9 million (down 21% year-on-year)
• Underlying EBITDAX of US$129.7 million (down 35%)
• Underlying net profit after tax (NPAT) of US$29.2 million; statutory NPAT of US$26.7 million
• Interim dividend of 1.2 cents per share fully franked (down 50%)
• US$15.3 million spent on share buybacks (11.8 million shares at an average A$1.84/share)
• Major Baúna investment campaign completed, and Who Dat East project sanctioned

What else do investors need to know?

Karoon wrapped up a significant capital project at Baúna, designed to improve long-term performance and bring key wells back online. While production and sales volumes were lower due to planned outages and a riser issue at Who Dat, the company benefited from stronger realised oil prices, with around 97% of sales being oil or liquids and no hedging in place.

Production costs dropped from US$74.0 million to US$59.3 million, mainly because Karoon now owns the Baúna FPSO, removing lease charges. Net debt increased to US$269.7 million, reflecting heavy first-half investment, but management expects cash outflows and debt to ease in the second half, provided oil prices and operations stay on track.

What did Karoon Energy management say?

Ms Carri Lockhart, Chief Executive Officer and Managing Director, commented:

In 1H26, Karoon undertook its largest ever program of capital projects at Baúna in Brazil, designed to enhance the future performance of the Baúna FPSO and bring two important wells back into production. All key Baúna activities have now been successfully delivered, with an excellent personal safety performance maintained throughout, positioning the Company for improved operating performance in 2H26…

We enter the second half in a strong position, with a low-cost asset base, restored production at Baúna and a robust balance sheet. Our core objectives remain unchanged, focused on ensuring safe, reliable and efficient operations, mitigating natural decline from our two long-life assets, advancing our growth opportunities and maintaining capital discipline to create shareholder value.

What's next for Karoon Energy?

Looking ahead, Karoon expects lower cash outflows and is on track to deliver annual cost savings of US$30–40 million following the FPSO purchase. A decision to progress with Front-End Engineering and Design for the Neon project is expected by the end of the year, while development of Who Dat East will commence after its recent approval.

2026 full-year guidance now includes increased capex for Who Dat East, with total production forecast between 7.2 and 8.2 million barrels of oil equivalent. Further work is underway on high-potential assets in Brazil and the US.

Karoon Energy share price snapshot

The Karoon Energy share price has underperformed the S&P/ASX 200 index (ASX: XJO) over the past 12 months with a decline of 9%.

View Original Announcement

The post Karoon Energy half-year earnings: FY26 results and outlook appeared first on The Motley Fool Australia.

What did Karoon Energy report?

• The Who Dat East development in the Gulf of America has been officially approved.
• First production is planned for H2 2028 at approximately 5,900 barrels of oil equivalent per day (boepd), 45% liquids and 55% gas (net to Karoon).
• Total capital cost net to Karoon is estimated at US$155–165 million, with US$15–20 million expected to be spent in 2H26.
• At the midpoint, Karoon forecasts an internal rate of return (IRR) above 20% for the project.
• Karoon's working interest in Who Dat East is 40% (NRI), shared with LLOG (operator, 40%) and Westlawn Americas Offshore (20%).

What else do investors need to know?

The Who Dat East project will be a one-well development, tying into existing infrastructure with a 29-kilometre pipeline and upgrades to the floating production system. Oil and gas production will be co-mingled and processed using established Who Dat facilities, keeping costs and operational risks lower.

Karoon plans to review and likely upgrade its current Who Dat East Contingent Resources as part of the 2026 year-end review. The development paves the way for the company to potentially increase reported reserves, boosting future production and revenue streams.

What did Karoon Energy management say?

Commenting on the news, Karoon Energy's CEO, Ms Carri Lockhart, said:

We are delighted to reach FID on Who Dat East. The development is economically attractive and will deliver material low cost, high margin production to Karoon when it comes online in the second half of 2028.

We would like to thank the Who Dat operator, LLOG, and our JV partner Westlawn Americas Offshore, for the strong collaboration on this development and look forward to commencing the construction phase of the project.

What's next for Karoon Energy?

Karoon Energy will focus on construction and installation over the coming years, with capital investments planned mainly from 2026 onwards. The initial production from Who Dat East is expected to augment Karoon's portfolio with higher-margin barrels and diversify its revenue mix once operations begin in 2028.

In the near term, management will assess its resources and reserves position, considering the Who Dat East development milestone ahead of the upcoming 2026 year-end review. Investors can also expect further updates as the project progresses through construction and into production.

Karoon Energy share price snapshot

The Karoon Energy share price trails the S&P/ASX 200 index (ASX: XJO) on a 12-month basis with a decline of almost 11%.

View Original Announcement

The post Karoon Energy share price on watch: Who Dat East project gets green light appeared first on The Motley Fool Australia.

This happy Tuesday session for ASX investors came despite a more downbeat start to the American trading week on Wall Street last night.

The Dow Jones Industrial Average Index (DJX: .DJI) was volatile but ended up closing down 0.11%.

The tech-heavy Nasdaq Composite Index (NASDAQ: .IXIC) did a little bit worse, dropping 0.32%.

But let's get back to the local markets now and take stock of how the different ASX sectors fared amid today's sunny market conditions.

Winners and losers

Despite the market's rise, there were a few sectors that still went backwards.

Leading those losers were consumer staples shares. The S&P/ASX 200 Consumer Staples Index (ASX: XSJ) was hit hard today, plunging 1.46%.

Tech shares were punished as well, with the S&P/ASX 200 Information Technology Index (ASX: XIJ) diving 0.83%.

Industrial stocks weren't much better. The S&P/ASX 200 Industrials Index (ASX: XNJ) ended up sinking 0.75% this Tuesday.

Financial shares followed industrials, as you can see from the S&P/ASX 200 Financials Index (ASX: XFJ)'s 0.35% dip.

Communications stocks had a day to forget as well. The S&P/ASX 200 Communication Services Index (ASX: XTJ) saw its value slide 0.29% today.

Our last losers were real estate investment trusts (REITs), with the S&P/ASX 200 A-REIT Index (ASX: XPJ) slipping 0.14% lower.

Turning to the green sectors now, it was energy shares that led the winners. The S&P/ASX 200 Energy Index (ASX: XEJ) had soared a huge 3.91% by the close of trading.

Healthcare stocks also ran hot, evidenced by the S&P/ASX 200 Healthcare Index (ASX: XHJ)'s 2.15% surge.

Utilities shares were in demand, too. The S&P/ASX 200 Utilities Index (ASX: XUJ) jumped 0.98% this Tuesday.

Then we had mining stocks, with the S&P/ASX 200 Materials Index (ASX: XMJ) adding 0.51% to its tally.

Gold shares kept up their recent run. The All Ordinaries Gold Index (ASX: XGD) advanced another 0.45% this session.

Finally, consumer discretionary shares didn't miss out, illustrated by the S&P/ASX 200 Consumer Discretionary Index (ASX: XDJ)'s 0.22% bump.

Top 10 ASX 200 shares countdown

Our top stock this Tuesday, and by a mile, was shipbuilder Austal Ltd (ASX: ASB). Austal shares roared 17.45% higher today to finish at $4.51 each.

This big gain followed the company's latest earnings, which included a revelation that Austal has had some takeover interest.

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

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.

The post Here are the top 10 ASX 200 shares today appeared first on The Motley Fool Australia.

Brokers have reduced their ratings on several ASX 200 shares this week.

Let's take a look at some of them.

Wesfarmers Ltd (ASX: WES)

The Wesfarmers share price is $88.88, down 1.9% today and up 5% over 12 months. 

Jefferies downgraded Wesfarmers shares to a hold rating after the conglomerate said it and joint-venture partner SQM would expand their Mt Holland lithium mine.

Wesfarmers said it expected to chip in between A$645 million and A$715 million in capex funded from existing cash and debt.

Jefferies analyst Michael Simotas said:

With significant uncertainty and volatility in lithium prices, it is unclear whether Wesfarmers will generate an acceptable return on its circa A$3 billion total project investment.

But the expansion plan carries less operating risk given it won't expand refinery capacity and the first concentrator has been successful.

The broker has a 12-month price target of $73, implying an 18% downside from here.

Challenger Ltd (ASX: CGF)

The Challenger share price is $9.74, down 3.6% today and up 19% over 12 months.

UBS downgraded the ASX 200 financial share to a hold rating yesterday.

The broker raised its price target slightly to $11.30.

This implies a potential 16% upside ahead.

Nick Scali Ltd (ASX: NCK)

The Nick Scali share price is $16.14, down 1.3% today and down 16% over 12 months.

Ord Minnett downgraded the ASX 200 consumer discretionary share from hold to lighten.

The broker said:

In its dominant Australian market, changes to negative gearing and the taxation of capital gains in the May federal budget drove a slump in auction clearance rates and caused housing prices to stumble.

These factors point to reduced housing turnover, a key factor in discretionary purchases of goods such as furniture.

The broker lowered its target price on Nick Scali shares to $14 from $15.

This suggests a potential 13% downside over the next year.

Xero Ltd (ASX: XRO)

The Xero share price is $70.92, up 0.6% today and down 61% over 12 months.

RBC Capital downgraded the market's biggest ASX 200 tech share to a hold rating on Monday.

The broker slashed its 12-month price target from $130 to $85.

This still implies a healthy potential 20% upside ahead.

Karoon Energy Ltd (ASX: KAR)

The Karoon Energy share price is $1.75, down 0.6% today and down 8% over 12 months.

Morgans downgraded the ASX 200 energy share from a buy to a hold call this week.

The broker shaved its price target from $1.77 to $1.75, implying the stock is already fully valued.

Morgans said:

KAR's June quarter delivered what we argued for when we upgraded a month ago.

Bauna is repaired and running at ~22,000 bopd, the heavy intervention spend is sunk, and we have 2H26 swinging to ~US$100m of free cash flow, a ~US$220m turnaround on the first half.

The problem is the share price got there first. KAR has added 20% since we wrote on 29 June, closing almost all of the gap to our valuation, while the portfolio risk has migrated from Brazil to the Gulf of Mexico.

At a price of A$1.71, vs a A$1.75 target, we see the value opportunity as having largely closed.

Sandfire Resources Ltd (ASX: SFR)

The Sandfire Resources share price is $18.81, up 1% today and up 69% over 12 months.

JP Morgan downgraded the ASX 200 copper share to a hold rating this week.

The broker has a 12-month price target of $19.

This indicates a potential rise of only 1% over the next year. 

The post Downgrade alert! 6 ASX 200 shares marked down by experts this week appeared first on The Motley Fool Australia.

The S&P/ASX 200 Index (ASX: XJO) fell 0.28% to 8,772.3 points over the week.

Oil and gas prices surged last week as Iran-backed Houthi militants attacked two Saudi oil tankers in the Red Sea.

The Saudis have been piping oil across to the Red Sea port of Yanbu for export while the Strait of Hormuz is effectively shut down.

The Brent crude oil price increased 13% to US$99.80 per barrel on Friday.

The US West Texas Intermediate (WTI) oil price rose 11.5% to US$91.25 per barrel.

UK and European gas prices rose 8% and German gas prices increased 13%.

On Friday, Trading Economics analysts said escalating tensions were raising fears of prolonged global energy supply disruptions.

The US launched a 13th straight day of strikes on Iran, with both sides ruling out near-term talks.

President Trump also threatened "major military punishment" against Iran and the Houthis over any further attacks on Red Sea shipping and said he was considering a "massive attack" on Iran.

Asian buyers have begun discussing rerouting Saudi crude shipments through the Suez Canal and around Africa.

Adding to supply constraints, the Caspian Pipeline Consortium suspended crude loadings at its Black Sea terminal after tanker attacks, disrupting around 80% of Kazakhstan's oil exports.

Six of the 11 market sectors finished the week in the red.

Let's recap.

Energy shares led the market last week

The Woodside Energy Group Ltd (ASX: WDS) share price rose 6.27% over the week to $32.37 on Friday.

The Santos Ltd (ASX: STO) share price lifted 3.78% to $7.97.

The Ampol Ltd (ASX: ALD) share price rose 2.98% to $38.67.

The Viva Energy Group Ltd (ASX: VEA) share price ascended 6.84% to $2.50.

The Karoon Energy Ltd (ASX: KAR) share price rocketed 19.33% to $1.79.

Beach Energy Ltd (ASX: BPT) shares increased 2.84% to 91 cents apiece.

The Paladin Energy Ltd (ASX: PDN) share price shot 14.96% higher to $9.68 on Friday.

The Boss Energy Ltd (ASX: BOE) share price rose 6.56% to $1.30.

The Yancoal Australia Ltd (ASX: YAL) share price jumped 12.87% to $6.05.

Whitehaven Ltd (ASX: WHC) shares rose 4.31% to $7.75.

ASX 200 market sector snapshot

Here's how the 11 market sectors stacked up last week, according to CommSec data.

Over the five trading days:

The post ASX 200 energy shares rise 6% as reignited US-Iran conflict continues appeared first on The Motley Fool Australia.

The optimism that we saw earlier in the week was nowhere to be seen today, with the market staying in the red the entire session. By the time trading wrapped up, the ASX 200 had given up 0.75% of its value. That leaves the index at 8,772.3 points as we head into the weekend.

This rough end to the week for Australian investors comes after an even direr night over on Wall Street.

The Dow Jones Industrial Average Index (DJX: .DJI) was in a mood, falling 0.97%.

It was even worse for the tech-heavy Nasdaq Composite Index (NASDAQ: .IXIC), which lost a nasty 2.15%.

But let's get back to the local markets now and see how the different ASX sectors weathered today's rough tides.

Winners and losers

There were only a handful of green sectors today, but more on those in a moment.

Firstly, it was gold shares that took the brunt of today's selling. The All Ordinaries Gold Index (ASX: XGD) had crashed 4.28% by the end of the day.

Tech stocks were hit hard too, with the S&P/ASX 200 Information Technology Index (ASX: XIJ) tanking 3.98%.

We could say the same for mining shares. The S&P/ASX 200 Materials Index (ASX: XMJ) ended up cratering 2.84%.

Communications stocks had a tough one too, as you can see by the S&P/ASX 200 Communication Services Index (ASX: XTJ)'s 1.52% slump.

Real estate investment trusts (REITs) didn't escape the storm. The S&P/ASX 200 A-REIT Index (ASX: XPJ) took a 1.18% dive.

Nor did consumer discretionary shares, with the S&P/ASX 200 Consumer Discretionary Index (ASX: XDJ) giving up 1.06%.

Industrial stocks weren't much better. The S&P/ASX 200 Industrials Index (ASX: XNJ) was walked back 1.02%.

There wasn't anything healthy about healthcare shares either, evidenced by the S&P/ASX 200 Healthcare Index (ASX: XHJ)'s 0.95% dip.

Turning to the green sectors now, it was energy stocks that topped today's market. The S&P/ASX 200 Energy Index (ASX: XEJ) roared 0.93% higher.

Financial shares ran relatively hot too, with the S&P/ASX 200 Financials Index (ASX: XFJ) jumping 0.88%.

Utilities stocks were spared as well. The S&P/ASX 200 Utilities Index (ASX: XUJ) bounced up 0.8% this Friday.

Finally, consumer staples shares held their value, illustrated by the S&P/ASX 200 Consumer Staples Index (ASX: XSJ)'s 0.4% rise.

Top 10 ASX 200 shares countdown

Taking out the top spot this Friday was energy stock Karoon Energy Ltd (ASX: KAR). Karoon shares shot up a healthy 10.84% this session to close the week at $1.79 each. There wasn't any news out that explains this, although most energy shares had a day to remember.

Here's the rest of today's best: 

Enjoy the weekend!

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.

The post Here are the top 10 ASX 200 shares today appeared first on The Motley Fool Australia.

This in-form display on the ASX boards follows a more downbeat session up on Wall Street last night.

The Dow Jones Industrial Average Index (DJX: .DJI) couldn't hold on to an early lead and finished 0.012% lower.

The tech-heavy Nasdaq Composite Index (NASDAQ: .IXIC) was more decisive, dropping 0.57%.

But let's return to ASX shares now and check out what the various ASX sectors were up to this Thursday.

Winners and losers

Despite the market's gains, we had an even split between red and green sectors today.

Leading those red sectors were tech stocks. The S&P/ASX 200 Information Technology Index (ASX: XIJ) was hit hard, plunging 3.32%.

Consumer discretionary shares weren't popular either, with the S&P/ASX 200 Consumer Discretionary Index (ASX: XDJ) diving 1.52%.

Next came healthcare stocks. The S&P/ASX 200 Healthcare Index (ASX: XHJ) ended up slumping 1.43%.

Communications shares were also on the nose, evident from the S&P/ASX 200 Communication Services Index (ASX: XTJ)'s 1.15% dip.

Consumer staples stocks were no safe haven. The S&P/ASX 200 Consumer Staples Index (ASX: XSJ) went backwards by 0.53%.

Our last losers were industrial shares, with the S&P/ASX 200 Industrials Index (ASX: XNJ) slipping 0.46%.

Turning to the green sectors now, mining stocks headlined the winners. The S&P/ASX 200 Materials Index (ASX: XMJ) soared 1.37% higher this session.

Gold shares were in demand as well, illustrated by the All Ordinaries Gold Index (ASX: XGD)'s 1.34% surge.

Energy stocks ran hot too. The S&P/ASX 200 Energy Index (ASX: XEJ) saw its value climb 0.98%.

Utilities shares followed energy, with the S&P/ASX 200 Utilities Index (ASX: XUJ) lifting 0.65%.

Real estate investment trusts (REITs) also enjoyed today's market sunshine. The S&P/ASX 200 A-REIT Index (ASX: XPJ) vaulted up 0.52% today.

Finally, financial stocks got across the line intact, as you can see from the S&P/ASX 200 Financials Index (ASX: XFJ)'s 0.29% bump.

Top 10 ASX 200 shares countdown

Financial stock Generation Development Group Ltd (ASX: GDG) was our best performer on the ASX today. Generation shares rocketed a massive 37.13% this session to close at $4.58 each. This extraordinary leap higher followed an exceptionally well-received quarterly update.

Here's how the rest of today's top stocks tied up at the dock: 

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.

The post Here are the top 10 ASX 200 shares today appeared first on The Motley Fool Australia.

What did Karoon Energy report?

• Produced 1.08 million barrels of oil equivalent (MMboe) in Q2 FY26
• Sales revenue of US$116.4 million, down 9% from prior quarter
• Baúna oil realised price jumped 33% to US$94.56/bbl; Who Dat liquids price surged 55% to US$101.93/bbl
• Operating efficiency at Baúna FPSO reached 97%, above the 90–95% target
• Liquidity of US$363.6 million at 30 June 2026; net debt at US$269.7 million
• 2.8 million shares bought back during the quarter; further buybacks planned

What else do investors need to know?

Karoon Energy completed the transition of Baúna FPSO operatorship in May, giving it more control over costs and unlocking efficiency gains. Production at Baúna is now back to around 22,000 barrels per day, following major maintenance and well intervention works.

At Who Dat, the A1 sidetrack well came online after the end of the quarter, and planning is underway to address riser issues. The Who Dat E manifold is expected to resume production in the fourth quarter of 2027, depending on ongoing remediation work. The company is also advancing growth projects, with a final investment decision on Who Dat East expected in Q3 and further progress on Neon in Brazil.

What did Karoon Energy management say?

Karoon's CEO and MD, Ms Carri Lockhart, commented:

At the start of 2026, we commenced a clear and ambitious program to strengthen Karoon's operations at Baúna. In the second quarter, we delivered these commitments. We transitioned FPSO operatorship, completed the largest maintenance and revitalisation program in the Company's history, restored production from the SPS-92 and PRA-2 wells, and established a stronger operating platform for higher operational efficiency, structurally lower operating costs and stronger cash generation going forward.

What's next for Karoon Energy?

Karoon expects higher free cash flow in the second half of 2026 as production ramps up and capital spending drops with the major Baúna work program substantially complete. The board sees share buybacks as an attractive use of capital in the near term, while potential development decisions on Who Dat East and Neon will be evaluated with a disciplined approach.

For the full year, the company has guided total production between 7.2 and 8.2 MMboe and total capex of US$178–202 million. Its capital allocation framework seeks to balance growth, shareholder returns, and maintaining a strong balance sheet.

Karoon Energy share price snapshot

Over the past 12 months, Karoon Energy shares have declined 21%, trailing the S&P/ASX 200 Index (ASX: XJO), which has risen 1% over the same period.

View Original Announcement

The post Karoon Energy delivers higher oil prices and improved efficiency in Q2 2026 appeared first on The Motley Fool Australia.

The ASX 200 didn't record a gain for the day, though. It didn't record a loss either. Instead, it ended the day exactly where it started. Yep, the index was completely flat this Tuesday, moving precisely 0.00% and finishing at 8,808.5 points, where it was 24 hours ago. A rare occurrence indeed.

This fascinating result for the local markets followed a decisively negative night to kick off the American trading week on Wall Street, though.

The Dow Jones Industrial Average Index (DJX: .DJI) wasn't in a good mood, dropping 0.26%.

The tech-heavy Nasdaq Composite Index (NASDAQ: .IXIC) fared even worse, falling 1.55%

But let's return to ASX shares now and take stock of how the different ASX sectors navigated this Tuesday's tepid trading conditions.

Winners and losers

As you may expect, we had a fairly even break between winners and losers this session.

Leading the latter were real estate investment trusts (REITs). The S&P/ASX 200 A-REIT Index (ASX: XPJ) was hit hard today, tumbling 1.64%.

Consumer staples shares didn't hold their value either, with the S&P/ASX 200 Consumer Staples Index (ASX: XSJ) tanking 0.81%.

Financial stocks also had a rough time. The S&P/ASX 200 Financials Index (ASX: XFJ) retreated 0.54%.

Industrial shares were on the nose too, illustrated by the S&P/ASX 200 Industrials Index (ASX: XNJ)'s 0.47% slide.

That's it for the red sectors though, so let's get to the winners. Leading said winners were energy stocks. The S&P/ASX 200 Energy Index (ASX: XEJ) rocketed 1.98% this Tuesday.

Utilities shares were in demand as well, with the S&P/ASX 200 Utilities Index (ASX: XUJ) soaring 1.37%.

Mining stocks ran hot, too. The S&P/ASX 200 Materials Index (ASX: XMJ) surged 0.67% by the closing bell.

Healthcare shares were right behind that, as you can see by the S&P/ASX 200 Healthcare Index (ASX: XHJ)'s 0.66% jump.

Gold stocks were also in that ballpark. The All Ordinaries Gold Index (ASX: XGD) leapt 0.62% higher this session.

Consumer discretionary shares came next, with the S&P/ASX 200 Consumer Discretionary Index (ASX: XDJ) advancing 0.39%.

Communications stocks got out ahead as well. The S&P/ASX 200 Communication Services Index (ASX: XTJ) lifted 0.21% today.

Finally, tech shares were lucky to come out intact, evident by the S&P/ASX 200 Information Technology Index (ASX: XIJ)'s 0.07% bump.

Top 10 ASX 200 shares countdown

Gaming technology company Light & Wonder Inc (ASX: LNW) took out this Tuesday's top spot. Light & Wonder shares vaulted 7.98% higher today to finish at $111.60 each. We dove into this jump earlier today.

Here's how the other winners pulled up at the kerb: 

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.

The post Here are the top 10 ASX 200 shares today appeared first on The Motley Fool Australia.

However, the ASX 200 staged a late comeback and only just managed to finish in the green, gaining 0.028% for the day and finishing at 8,808.5 points.

This shaky start to the trading week for the Australian markets came after a happy finish to the American trading week on Friday night (our time).

The Dow Jones Industrial Average Index (DJX: .DJI) fared decently, rising 0.29%.

In a rare event, the tech-heavy Nasdaq Composite Index (NASDAQ: .IXIC) also gained 0.29%.

But let's return to this week and the local markets to see how the various ASX sectors performed this session.

Winners and losers

At the front of today's red sectors were tech stocks. The S&P/ASX 200 Information Technology Index (ASX: XIJ) was hit hard, plunging 2.48%.

Gold stocks were also hit hard, with the All Ordinaries Gold Index (ASX: XGD) cratering 1.89%.

Utilities shares were unpopular, too. The S&P/ASX 200 Utilities Index (ASX: XUJ) saw its value tank 1.63% today.

Consumer staples stocks were no safe haven either, as you can see by the S&P/ASX 200 Consumer Staples Index (ASX: XSJ)'s 0.91% slump.

Mining shares didn't hold water. The S&P/ASX 200 Materials Index (ASX: XMJ) sank 0.65% this Monday.

Nor did healthcare stocks, with the S&P/ASX 200 Healthcare Index (ASX: XHJ) dropping 0.61%.

Industrial stocks were our final losers today. The S&P/ASX 200 Industrials Index (ASX: XNJ) slid 0.17% down.

Let's turn to the winners now. Leading the push higher were communications stocks, evidenced by the S&P/ASX 200 Communication Services Index (ASX: XTJ)'s 0.89% surge.

Consumer discretionary shares proved popular as well. The S&P/ASX 200 Consumer Discretionary Index (ASX: XDJ) jumped 0.86% today.

We could say something similar for financial stocks, with the S&P/ASX 200 Financials Index (ASX: XFJ) advancing 0.67%.

Energy shares also ran relatively hot. The S&P/ASX 200 Energy Index (ASX: XEJ) put on an additional 0.66% this Monday.

Finally, real estate investment trusts (REITs) only just got over the line, illustrated by the S&P/ASX 200 A-REIT Index (ASX: XPJ)'s 0.04% inch higher.

Top 10 ASX 200 shares countdown

Biotech company Mesoblast Ltd (ASX: MSB) was the best share on the index. Mesoblast stock leapt 4.91% higher this Monday to close at $2.35. This was potentially a reaction to a bullish broker note, which we covered this morning.

Here's the rest of today's best: 

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.

The post Here are the top 10 ASX 200 shares today appeared first on The Motley Fool Australia.