The S&P/ASX 200 Index (ASX: XJO) closed the first week of 2023 in the green. It gained 0.65% on Friday to close at 7,109.6 points. That marks an 1.01% week-on-week gain.
In the lead today was the S&P/ASX 200 Materials Index (ASX: XMJ), which lifted 3% with lithium shares driving it higher.
The S&P/ASX 200 Energy Index (ASX: XEJ) also traded higher today, gaining 1.6%. That was a notable change in fortunes following the 3.9% tumble it posted over this week's first three sessions.
On the other end of town, however, S&P/ASX 200 Real Estate Index (ASX: XRE) stocks struggled, with the sector falling 1.1%.
The S&P/ASX 200 Financials Index (ASX: XFJ) also slumped 0.2%, with the Magellan Financial Group Ltd (ASX: MFG) share price its biggest weight. The stock dumped 10.5% on news the company's funds under management (FUM) fell $2.6 billion in December.
So, with all that in mind, which ASX 200 share posted the biggest gain on Friday? Let's take a look.
Top 10 ASX 200 shares countdown
The best performing ASX 200 share in Friday's session was lithium favourite Core Lithium Ltd (ASX: CXO). It gained 8.56% to close at $1.205.
While there was no news from the company to explain today's rise, it was joined in the green by many of its lithium-focused peers.
Today's biggest gains were made by these shares:
ASX-listed company | Share price | Price change |
Core Lithium Ltd (ASX: CXO) | $1.205 | 8.56% |
Liontown Resources Ltd (ASX: LTR) | $1.43 | 8.33% |
Sayona Mining Ltd (ASX: SYA) | $0.225 | 7.14% |
Lake Resources NL (ASX: LKE) | $0.83 | 7.1% |
Mineral Resources Limited (ASX: MIN) | $83.54 | 6.94% |
Pilbara Minerals Ltd (ASX: PLS) | $3.96 | 6.45% |
Perseus Mining Limited (ASX: PRU) | $2.33 | 4.95% |
Allkem Ltd (ASX: AKE) | $11.91 | 4.93% |
South32 Ltd (ASX: S32) | $4.25 | 4.42% |
Coronado Global Resources Inc (ASX: CRN) | $2.02 | 4.39% |
Our top 10 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.