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 company | Share price | Price change |
Uniti Group Ltd (ASX: UWL) | $4.17 | 8.03% |
Nickel Mines Ltd (ASX: NIC) | $1.155 | 5.96% |
Liontown Resources Ltd (ASX: LTR) | $1.64 | 5.81% |
Eagers Automotive Ltd (ASX: APE) | $14.25 | 4.78% |
Novonix Ltd (ASX: NVX) | $9.82 | 4.36% |
Netwealth Group Ltd (ASX: NWL) | $17.08 | 3.64% |
Latitude Group Holdings Ltd (ASX: LFS) | $2.06 | 3.26% |
AGL Energy Ltd (ASX: AGL) | $5.25 | 2.94% |
NextDC Ltd (ASX: NXT) | $12.75 | 2.91% |
Megaport Ltd (ASX: MP1) | $21.84 | 2.83% |
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.