Here are the top 10 ASX shares today

Here are your top 10 biggest gainers in the ASX 200 on Wednesday.

| More on:

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

Today, the S&P/ASX 200 Index (ASX: XJO) was dragged lower by a dramatic 8% fall in the Commonwealth Bank of Australia (ASX: CBA) share price. This came after Australia's largest bank reported its first-quarter earnings update, which suggested some interest margin pressures. At the end of the day, the benchmark index finished 0.73% lower at 7,366.5 points.

While the majority of shares in the ASX 200 climbed higher today, it wasn't enough to make up for the losses in Australia's largest listed company. On a positive note, tech shares and utilities performed strongly with both sectors delivering a gain of 1% or more.

The question is: which shares delivered the biggest returns to investors on the ASX today? Here are the ten stocks that rose to the occasion:

Top 10 ASX shares countdown today

Looking at the top 200 listed companies, Uniti Group Ltd (ASX: UWL) was the biggest gainer today. Shares in the telecommunications company surged 8.03% higher following an update on its share buyback and operational performance. Find out more about Uniti Group here.

The next biggest gaining ASX share today was Nickel Mines Ltd (ASX: NIC). Shares in the nickel mining company gained 5.96% after revealing the first production from its Angel Nickel project is expected in the first quarter of 2022. Uncover the latest Nickel Mines details here.

Today's top 10 biggest gains were made in these ASX shares:

ASX-listed companyShare pricePrice change
Uniti Group Ltd (ASX: UWL)$4.178.03%
Nickel Mines Ltd (ASX: NIC)$1.1555.96%
Liontown Resources Ltd (ASX: LTR)$1.645.81%
Eagers Automotive Ltd (ASX: APE)$14.254.78%
Novonix Ltd (ASX: NVX)$9.824.36%
Netwealth Group Ltd (ASX: NWL)$17.083.64%
Latitude Group Holdings Ltd (ASX: LFS)$2.063.26%
AGL Energy Ltd (ASX: AGL)$5.252.94%
NextDC Ltd (ASX: NXT)$12.752.91%
Megaport Ltd (ASX: MP1)$21.842.83%
Data as at 4:00pm AEDT

Our top 10 ASX shares today countdown is a recurring end-of-day summary to ensure you know which companies were making big moves on the day. Check-in at Fool.com.au after the market has closed during weekdays to see which stocks make the countdown.

Motley Fool contributor Mitchell Lawler owns shares of Commonwealth Bank of Australia. The Motley Fool Australia's parent company Motley Fool Holdings Inc. owns shares of and has recommended MEGAPORT FPO and Netwealth. The Motley Fool Australia owns shares of and has recommended Netwealth. The Motley Fool Australia has recommended MEGAPORT FPO and Uniti Group Limited. 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

A young man pointing up looking amazed, indicating a surging share price movement for an ASX company
Record Highs

Up nearly 300% in a year, this ASX stock just hit another record high

SKS shares climb again, pushing to fresh new highs after months of gains.

Read more »

Three smiling corporate people examine a model of a new building complex.
Broker Notes

Leading brokers name 3 ASX shares to buy today

Here's why brokers believe that now could be the time to buy these shares.

Read more »

A man sits in despair at his computer with his hands either side of his head, staring into the screen with a pained and anguished look on his face, in a home office setting.
Share Fallers

Why Monash IVF, NAB, Viva Energy, and Worley shares are falling today

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

Read more »

Sell buy and hold on a digital screen with a man pointing at the sell square.
Broker Notes

Up 130% in a year, are Lynas Rare Earths shares still a good buy today?

Lynas Rare Earths shares have more than doubled ASX investors’ money in a year. Is there still time to buy?

Read more »

Ecstatic woman looking at her phone outside with her fist pumped.
Share Gainers

Why Navigator Global, St Barbara, Vulcan Energy, and Zip shares are racing higher today

These shares are starting the week in a positive fashion. But why?

Read more »

Woman chooses vegetables for dinner, smiling and looking at camera.
Broker Notes

3 reasons to buy Coles shares today

A leading analyst expects Coles shares are well-placed to outperform. But why?

Read more »

A group of young ASX investors sitting around a laptop with an older lady standing behind them explaining how investing works.
Share Market News

Why NextDC, Viva Energy and NAB shares are catching investor interest on Monday

Why is everyone is talking about NextDC, NAB, and Viva Energy shares today?

Read more »

A businesswoman pulls her glasses down in shock to look at the bad news on her computer.
Broker Notes

Why did Morgans just lower its outlook on Collins Food and Pro Medicus shares?

Despite lowering its guidance, these stocks remain undervalued according to at least one expert.

Read more »