The S&P/ASX 200 Index (ASX: XJO) battled through a horror session on Wednesday, dumping tens of billions of dollars in value after US inflation figures weighed on Wall Street.
The ASX 200 closed 2.58% lower at 6,828.60 points – marking its worst session since mid-June.
The index's downturn came after Wall Street recorded its biggest single-session fall in more than two years overnight.
While most of Australia slept, the Dow Jones Industrial Average Index (DJX: .DJI) dumped 3.94% and the S&P 500 Index (SP: .INX) plunged 4.32%. The Nasdaq Composite Index (NASDAQ: .IXIC) recorded the worst fall, tumbling 5.16%.
Their suffering came on the back of the latest US inflation data. The nation's consumer price index lifted 0.1% in August and 8.3% over the 12 months prior despite falling gasoline and food prices. That marks a fall on the 12 months to July, which came in at 8.5%.
The S&P/ASX 200 Real Estate Index (ASX: XRE) led the fall today, tumbling 4.2%.
Just behind it was the S&P/ASX 200 Information Technology Index (ASX: XIJ) and the S&P/ASX 200 Consumer Discretionary Index (ASX: XDJ), each dumping 3.1%.
Indeed, none of the ASX 200's 11 sectors posted a gain today while only five of the index's constituents' shares ended in the green.
Keep reading to find out which shares dodged the worst of Wednesday's downturn.
Top 10 ASX 200 shares countdown
Wednesday's top performing ASX 200 share was Computershare Ltd (ASX: CPU), gaining 1.2%.
While there was no news from the tech company, it has been heralded as an inflation hedge by experts, as my colleague Tony Yoo reports.
These 10 shares were today's top performers:
ASX-listed company | Share price | Price change |
Computershare Limited (ASX: CPU) | $24.73 | 1.19% |
Coronado Global Resources Inc (ASX: CRN) | $1.695 | 0.89% |
ResMed Inc (ASX: RMD) | $34.80 | 0.29% |
Whitehaven Coal Ltd (ASX: WHC) | $8.48 | 0.24% |
South32 Ltd (ASX: S32) | $4.32 | 0.23% |
Ramsay Health Care Limited (ASX: RHC) | $62.92 | -0.03% |
New Hope Corporation Limited (ASX: NHC) | $5.49 | -0.18% |
Domino's Pizza Enterprises Ltd (ASX: DMP) | $65.94 | -0.36% |
Lottery Corporation Ltd (ASX: TLC) | $4.38 | -0.45% |
Orora Ltd (ASX: ORA) | $3.35 | -0.59% |
Our top 10 ASX 200 shares countdown is a recurring end-of-day summary to let you know which companies were making big moves on the day. Check in at Fool.com.au after the weekday market closes to see which stocks make the countdown.