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 company | Share price | Price change |
Whitehaven Coal Ltd (ASX: WHC) | $6.75 | 4.66% |
Pendal Group Ltd (ASX: PDL) | $4.29 | 4.38% |
New Hope Corporation Limited (ASX: NHC) | $4.47 | 3.95% |
Perseus Mining Limited (ASX: PRU) | $1.6575 | 3.59% |
Woodside Energy Group Ltd (ASX: WDS) | $32.39 | 3.48% |
Insignia Financial Ltd (ASX: IFL) | $2.76 | 3.37% |
GQG Partners Inc (ASX: GQG) | $1.385 | 3.36% |
Magellan Financial Group Ltd (ASX: MFG) | $12.56 | 3.29% |
Beach Energy Ltd (ASX: BPT) | $1.7625 | 2.77% |
Nickel Industries Ltd (ASX: NIC) | $0.9375 | 2.46% |
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.