Here are the top 10 ASX shares today

These 10 stocks posted the biggest gains on Tuesday.

| More on:
A woman with a broad smile on her face holds up ten fingers.

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) slipped lower on Tuesday despite a strong performance by energy shares. The index closed down 0.56% at 6,649.60 points.

The market was dragged lower by the S&P/ASX Information Technology Index (ASX: XIJ). The tech sector dumped close to 3% following a dire Monday on Wall Street.

The NASDAQ Composite dipped 0.8% overnight while the S&P 500 slumped 0.8% and the Dow Jones Industrial Average fell around 0.7%.

On the other end of the spectrum, the S&P/ASX 200 Energy Index (ASX: XEJ) gained 2.45% today, likely on the back of surging oil prices.

The price of Brent crude oil lifted 5.1% overnight to reach US$106.27 a barrel and the US Nymex crude price rose 5.1% to US$102.60 a barrel.

Come the end of Tuesday's trade, only two of the ASX 200's 11 sectors were in the green.

So, which ASX shares managed to defy the market's downturn to scrape together the biggest gains today? Let's take a look.

Top 10 ASX shares countdown

The top performing shares of the ASX's 200 biggest companies by market capitalisation may not come as a surprise on Tuesday.

The market was led by ASX 200 energy giant Whitehaven Coal Ltd (ASX: WHC). Find out what the coal producer has been up to lately here.

Meanwhile, Pendal Group Ltd (ASX: PDL) outperformed the market despite spending much of today's session frozen. The stock was put in the freezer this morning as the company prepared to announce it's in discussions with Perpetual Limited (ASX: PPT) regarding a potential transaction.  

Today's biggest gains were made by these ASX shares:

ASX-listed companyShare pricePrice change
Whitehaven Coal Ltd (ASX: WHC)$6.754.66%
Pendal Group Ltd (ASX: PDL)$4.294.38%
New Hope Corporation Limited (ASX: NHC)$4.473.95%
Perseus Mining Limited (ASX: PRU)$1.65753.59%
Woodside Energy Group Ltd (ASX: WDS)$32.393.48%
Insignia Financial Ltd (ASX: IFL)$2.763.37%
GQG Partners Inc (ASX: GQG)$1.3853.36%
Magellan Financial Group Ltd (ASX: MFG)$12.563.29%
Beach Energy Ltd (ASX: BPT)$1.76252.77%
Nickel Industries Ltd (ASX: NIC)$0.93752.46%

Data as at 3:59pm AEST.

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 Brooke Cooper has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

More on Share Market News

A man clenches his fists in excitement as gold coins fall from the sky.
Broker Notes

These ASX 200 shares could rise 30% to 60% in 2025

Analysts are tipping these shares to rise strongly from current levels.

Read more »

Broker Notes

10 of the best ASX shares to buy in 2025

Analysts think these shares are in the buy zone for investors in 2025.

Read more »

Emotional euphoric young woman giving high five to male partner, celebrating family achievement, getting bank loan approval, or financial or investing success.
Share Gainers

Why Bowen Coal, Droneshield, Mesoblast, and St Barbara shares are racing higher today

These shares are ending the week positively. But why?

Read more »

A young woman holds an open book over her head with a round mouthed expression as if to say oops as she looks at her computer screen in a home office setting with a plant on the desk and shelves of books in the background.
Share Fallers

Why Cettire, Digico, KMD, and WiseTech shares are falling today

These shares are out of form on Friday. But why?

Read more »

Broker Notes

Top brokers name 3 ASX shares to buy today

Here's what brokers are recommending as buys right now.

Read more »

Broker Notes

Brokers say these ASX growth stocks are top buys

Analysts have good things to say about these shares this month.

Read more »

Share Market News

Bell Potter names 2 of the best ASX 300 stocks to buy in 2025

These could be best buys next year according to the broker.

Read more »

A man looking at his laptop and thinking.
Share Market News

5 things to watch on the ASX 200 on Friday

On Tuesday, the S&P/ASX 200 Index (ASX: XJO) went into the Christmas break with a small gain. The benchmark index rose 0.25%…

Read more »