Which ASX shares are leading the ASX 200 today?

These ASX 200 shares are charging ahead today.

stock market gaining

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

The S&P/ASX 200 Index (ASX: XJO) is having a decent day in the green so far this Wednesday. At the time of writing, the ASX 200 is up a modest 0.18% to 7,516 points after initially rising to 7,5342 points earlier today.

With the ASX 200 having a positive day today, let's check out which ASX 200 shares are contributing to this rise most enthusiastically.

Which ASX shares are leading the ASX 200 on Wednesday?

WiseTech Global Ltd (ASX: WTC)

WiseTech shares are on fire today, leading the ASX 200 with a very pleasing 30.77% gain at the time of writing to $46.90 a share. At one point this morning, the company was even higher, up more than 50% to a new all-time record of $57.31 a share. These gains were so massive that WiseTech actually got issued a 'speeding ticket' please explain from the ASX itself earlier today. This resulted in a brief trading halt for WiseTech shares.

All of these gains seem to stem from the company's FY21 earnings report which was delivered this morning. See our full coverage of WiseTech's impressive numbers here.

HUB24 Ltd (ASX: HUB)

Investment company HUB24 is another ASX 200 share contributing to the index's gains today. At the time of writing, HUB24 shares are up a healthy 10.3% to $30.78 a share. That's after hitting a new all-time high of its own – $31.22 a share – earlier this morning.

This move appears to also be the result of an impressive earnings report. HUB24 delivered its FY21 numbers yesterday, which saw its shares rise by more than 8%. Today's additional rise seems to be assisted by some positive broker coverage, as my Fool colleague James covered earlier today.

Appen Ltd (ASX: APX)

This embattled ASX tech share is also lending a hand to the ASX 200's gains today. At the time of writing, Appen shares are up a robust 7.47% to $13.66 a share. That would be a welcome move for investors, seeing as Appen is still down around 46.5% year to date in 20201 so far. Appen reports its own FY21 numbers tomorrow morning. But it appears some investors are jumping the gun today and bidding Appen higher in anticipation. Again, some positive broker attention may be greasing the wheels here.

Flight Centre Travel Group Ltd (ASX: FLT)

Flight Centre shares are, well, flying today, with this travel company currently up 6.83% to $16.25 a share. Like Appen, Flight Centre reports its earnings tomorrow, so we seem to be seeing a similar pattern here. It is worth noting that ASX 200 travel shares as a whole have been having a very pleasant week after a few weeks of malaise. As my Fool colleague Mitchell covered yesterday, this could be in response to Australia's ballooning vaccination rates.

Two other ASX 200 travel shares in Qantas Airways Limited (ASX: QAN) and Webjet Limited (ASX: WEB) are also enjoying healthy gains today, up 5.2% and 5.7% respectively.

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. owns shares of and has recommended Appen Ltd, Hub24 Ltd, and WiseTech Global. The Motley Fool Australia owns shares of and has recommended Appen Ltd, Webjet Ltd., and WiseTech Global. The Motley Fool Australia has recommended Flight Centre Travel Group Limited and Hub24 Ltd. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

More on Share Market News

Man with backpack spreading his arms out and soaking in the sun.
Share Gainers

Here are the top 10 ASX 200 shares today

It was a healthy start to the trading week for ASX investors this Monday.

Read more »

Miner looking at a tablet.
Materials Shares

Here's why ASX uranium shares are ripping higher today

Uranium shares are smashing the markets today.

Read more »

A woman with short brown hair and wearing a yellow top looks at the camera with a puzzled and shocked look on her face as the Westpac share price goes down for no reason today
Share Fallers

Why Life360, Lovisa, NAB, and Resolute shares are falling today

These shares are starting the week in the red. But why?

Read more »

Smiling couple sitting on a couch with laptops fist pump each other.
Share Gainers

Why Deep Yellow, Fleetpartners, New Hope, and Santana shares are storming higher

These shares are starting the week strongly. But why?

Read more »

A female executive smiles as she carries out business on her mobile phone.
Broker Notes

Leading brokers name 3 ASX shares to buy today

Here's why brokers believe that now could be the time to snap up these stocks.

Read more »

Lines of codes and graphs in the background with woman looking at laptop trying to understand the data.
Share Market News

Why is the ASX 200 starting off the week with a whimper?

ASX 200 investors are favouring their sell button on Monday. But why?

Read more »

A woman makes the task of vacuuming fun, leaping while she pretends it is an air guitar.
Opinions

Why I think this ASX small-cap stock is a bargain at 30 cents

I’m excited about this stock with global potential.

Read more »

A business woman looks unhappy while she flies a red flag at her laptop.
Share Market News

These are the 10 most shorted ASX shares

Let's see which shares short sellers are targeting this week.

Read more »